Revenue rises 44% YoY to ₹176 crore; PAT up to ₹46 crore
Robust demand, strong liquidity, and expanding project pipeline drive momentum

Mumbai : Sri Lotus Developers & Realty Limited announced a strong operational and financial performance for the quarter and half year ended September 30, 2025, driven by sustained demand in Mumbai’s premium redevelopment market and a robust project pipeline.

For Q2 FY26, the company reported total revenue of ₹176 crore, up 44% year-on-year, with EBITDA of ₹50 crore and profit after tax (PAT) of ₹46 crore. Pre-sales surged 126% YoY to ₹257 crore, while collections grew 16% to ₹106 crore, reflecting healthy cash flow and execution progress. For the first half of FY26, revenue stood at ₹237 crore, EBITDA at ₹80 crore, and PAT at ₹72 crore, supported by pre-sales of ₹319 crore, up 50% over the previous year. The company maintained a net cash position of ₹851 crore as of September 2025, underscoring its balance-sheet strength.

Commenting on the results, Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty Limited, said: “Lotus Developers delivered a strong performance in Q2 FY26, driven by robust pre-sales and healthy collections. Our new launches have received an exceptional response, reaffirming the trust customers place in the Lotus brand. With a strong pipeline, a net cash position of ₹851 crore and sustained demand for premium redevelopment, we remain confident of achieving our guidance of ₹1,100–1,300 crore in pre-sales and 30–35% PAT growth for FY26.”

During the period, the company launched two landmark developments, The Arcadian in Juhu and Amalfi in Versova, both witnessing strong customer traction with a combined estimated GDV of around ₹1,000 crore. Looking ahead, four additional projects, Project Varun (Bandra), Lotus Aquaria (Prabhadevi), Lotus Celestial (Versova), and Lotus Trident (Andheri West), are slated for launch in the second half of FY26.

In H1 FY26, six new projects were added to the portfolio, including Lotus Portofino (Versova), Lotus Sky Plaza (Oshiwara), and Lotus Odyssey (Bandra). The company’s ongoing and upcoming developments now represent a combined gross development value of ₹13,000–₹14,000 crore, positioning Sri Lotus Developers among Mumbai’s leading luxury and ultra-luxury real estate players.