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  • Sri Lotus Developers reports 44% revenue growth in Q2 FY26, pre-sales surge 126%
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Sri Lotus Developers reports 44% revenue growth in Q2 FY26, pre-sales surge 126%

Sri Lotus Developers
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Sri Lotus Developers & Realty Limited reported a strong financial and operational performance for the quarter and half year ended September 30, 2025, driven by sustained demand in Mumbai’s premium redevelopment segment and a healthy pipeline of new projects. The company’s Q2 FY26 revenue rose 44% year-on-year to ₹176 crore, with EBITDA of ₹50 crore and PAT of ₹46 crore. Pre-sales surged 126% to ₹257 crore, supported by 16% growth in collections to ₹106 crore.

With a solid net cash position of ₹851 crore and continued success of new launches such as The Arcadian in Juhu and Amalfi in Versova, Sri Lotus Developers reaffirmed its FY26 guidance of ₹1,100–1,300 crore in pre-sales and 30–35% PAT growth.

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.

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