Robust Demand & New Launches Propel Sri Lotus Developers’ Strong Q2 FY26 Results

Mumbai, November 12, 2025: Sri Lotus Developers & Realty Limited has 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 INR 176 crore, up 44 per cent year-on-year, with EBITDA of INR 50 crore and profit after tax (PAT) of INR 46 crore. Pre-sales surged 126 per cent YoY to INR 257 crore, while collections grew 16 per cent to INR 106 crore, reflecting healthy cash flow and execution progress. For the first half of FY26, revenue stood at INR 237 crore, EBITDA at INR 80 crore, and PAT at INR 72 crore, supported by pre-sales of INR 319 crore, up 50 per cent over the previous year. The company maintained a net cash position of INR 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 INR 851 crore and sustained demand for premium redevelopment, we remain confident of achieving our guidance of INR 1,100–1,300 crore in pre-sales and 30–35 per cent 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 INR 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 INR 13,000–INR 14,000 crore, positioning Sri Lotus Developers among Mumbai’s leading luxury and ultra-luxury real estate players.