India, July 27 -- Realty firm Lodha Developers Ltd has reported a 42 per cent surge in its consolidated net profit to Rs.675.1 crore for the first quarter of this fiscal, due to better income driven by strong housing demand.
Its net profit stood at Rs.475.9 crore in the year-ago period.
The total income rose to Rs.3,624.7 crore in the April-June period of the 2025-26 fiscal from Rs.2,918.3 crore in the corresponding period of the preceding year, according to a regulatory filing.
The company's MD and CEO Abhishek Lodha said the latest June quarter was its best-ever first-quarter pre-sales performance at Rs.4,450 crore.
The performance would have been much better, but for two weeks of uncertainties during the India-Pakistan conflict, wh...
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