Lodha Developers reported a decrease in collections to Rs 3,560 crore in the third quarter of the fiscal year 2026, compared to the previous year. Despite a 25% year-on-year increase in pre-sales to Rs 5,620 crore, the firm experienced a drop in collections. This decline was primarily attributed to the absence of one-off inflows seen in the same period the previous year, including significant receipts from land and office transactions.
Collections for the quarter showed a slight improvement on a quarter-on-quarter basis, hinting at a potential stabilization in cash inflows. The company highlighted that the collections for Q3 FY26 were lower than the previous year due to the absence of one-time inflows from large land and office sales. Lodha Developers expressed optimism, stating that collections are anticipated to rise significantly in the upcoming quarters.
Despite the challenging macroeconomic environment, demand for residential housing remained strong, aiding the company in sustaining sales momentum. The firm emphasized that this positive business development would enhance visibility for future growth and bolster profitability in future acquisitions. Looking forward, the developer is optimistic about improved collections in the following quarters as construction progresses and customer payments increase.
