Sri Lotus Developers & Realty Reports ₹61 Cr Revenue in Q1FY26

Mumbai, August 26, 2025: Sri Lotus Developers & Realty Limited reported INR 61 crore revenue in the quarter ended June 30. EBITDA stood at INR 29 crore and EBITDA margins at 48 per cent.

PAT stood at INR 26 crore and presales at INR 61 crore with collections of INR 70 crore, according to unaudited financial results for the quarter.

The company has three significant launches lined up for September: Arcadian (Juhu), Amalfi (Versova) and Varun (Bandra). Construction has already commenced, and with strong customer interest, the company expects bookings for all three projects to materialise thereafter. The total saleable carpet area of these three projects is 2.2 lakh sq ft with an estimated GDV of INR 1,400-1,500 crore.

The company expects to launch three new projects in the remaining part of FY26: Lotus Aquaria (Prabhadevi), Lotus Celestial (Versova) and Lotus Trident (Andheri West). It remains confident of completing a large part of the sales of completed projects: Ananya, Ayana & Arc One

In the current financial year, the company has added four new projects. Development agreements were executed for two projects, Lotus Portifino (Versova) and Lotus Sky Plaza (Oshiwara), while societies at Lotus Avalon (Juhu) and Lotus Imperial (Bandra) have appointed Lotus as their developer.

GUIDANCE FOR FY26

“August 6 marked a historic milestone for Sri Lotus Developers & Realty Limited with its debut on NSE and BSE—a proud moment for the entire Lotus Family. A heartfelt thank you to all stakeholders, investors and business partners for their continued trust and support,” said Anand K Pandit, CMD, Sri Lotus Developers & Realty.
 
“The demand in the luxury and ultra-luxury housing segment remains resilient. In Mumbai, redevelopment is a critical growth driver given the land scarcity and the large number of buildings coming up for redevelopment each year. We believe the opportunity is immense, and our strong presence in this segment positions us well to capture it.”

He added, “Backed by our in-house capabilities across construction, sales, business development and after-sales services, we remain optimistic about the opportunities ahead. This helps us drive superior control over quality, materials and customer satisfaction.”
 
As a net debt-free company, supported by a strong net cash balance of INR 905 crore, “we remain well-capitalised to fund growth. We are on track to launch three new projects in the remaining part of FY26 and are confident of achieving pre-sales of INR 1,100-1,300 crore with revenue growth of 75-85 per cent and PAT growth of 30-35 per cent”.
 
He further added, “With strong market fundamentals, our asset-light redevelopment-driven model and sharp focus on timely execution and quality delivery, we are confident of meeting our targets, thereby strengthening the Lotus Developers Brand in the Mumbai real estate market.”