Sri Lotus Developers & Realty Reports 83 Percent Pre-Sales Growth in Q2 FY27
Mumbai, October. 16, 2026: Sri Lotus Developers & Realty Limited announced its unaudited financial results for the quarter and half-year ended Sept. 30, 2026, according to a press release issued by the company.
The Mumbai-based developer reported a 83% year-on-year increase in pre-sales for Q2 FY27, reaching Rs 470 crore compared to Rs 257 crore in the corresponding period last year. For H1 FY27, pre-sales rose 176% year-on-year to Rs 879 crore from Rs 319 crore. Total revenue for the quarter grew 53% to Rs 269 crore, while Profit After Tax (PAT) increased 91% to Rs 89 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 113% to Rs 107 crore, expanding the EBITDA margin to 39.9%.
For the first half of the fiscal year, total revenue reached Rs 401 crore, up 69% year-on-year, while H1 PAT grew 86% to Rs 134 crore. The company maintains a net debt-free balance sheet and expects full-year FY27 pre-sales of Rs 1,800 to Rs 2,000 crore, along with revenue and PAT growth of 55% to 60% over FY26 levels.
During the quarter, the developer secured three new projects: Lotus Supremus in Juhu, Lotus Empressa in Dadar West, and Lotus Stellar in Versova, alongside securing additional area for Lotus Insignia. Together, these project additions represent an estimated Gross Development Value (GDV) of Rs 2,700 to Rs 2,800 crore. For H2 FY27, four project launches—Lotus Sky Plaza, Lotus Portofino, Lotus Odyssey, and Lotus Aurelia—are scheduled, featuring a combined estimated GDV of Rs 3,500 to Rs 4,000 crore.
Commenting on the financial results, Anand K Pandit, Chairman & Managing Director of Sri Lotus Developers & Realty Limited, said: “I am delighted to report a strong second quarter, which completes an outstanding first half for Sri Lotus. Pre-sales for Q2 FY27 grew 83% YoY to Rs 470 Crs. For H1 FY27, pre-sales stood at Rs 879 Crs, up 176% YoY and on track to achieve our full-year guidance. This is a clear endorsement of our approach of pairing premium products with Mumbai’s most sought-after micro-markets and delivering them with discipline.”
