Lodha Developers Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	161,870	137,795	103,161	94,704	92,332	54,486
Other Revenue	1,580	1,580	1,115	-	-	-
Revenue	163,450	139,375	104,276	94,704	92,332	54,486
Revenue Growth (YoY)	20.42%	33.66%	10.11%	2.57%	69.46%	-56.21%
Cost of Revenue	96,038	82,496	62,028	61,890	61,839	36,971
Gross Profit	67,412	56,879	42,248	32,814	30,493	17,515
Selling, General & Admin	8,122	7,290	8,907	8,373	4,735	3,716
Other Operating Expenses	10,420	8,129	5,469	3,779	3,972	1,789
Operating Expenses	20,530	17,000	15,626	12,998	9,373	6,239
Operating Income	46,882	39,879	26,622	19,816	21,120	11,276
Interest Expense	-5,706	-4,791	-4,134	-4,185	-6,229	-10,771
Interest & Investment Income	-	-	-	1,226	3,180	2,968
Earnings From Equity Investments	62	-14	-129	-52	9	-0.2
Currency Exchange Gain (Loss)	-6	-6	9	-1,028	-539	1,710
Other Non Operating Income (Expenses)	1,376	156	-398	-593	-402	-287.2
EBT Excluding Unusual Items	42,608	35,224	21,970	15,184	17,139	4,895
Impairment of Goodwill	-1,121	-1,121	-783	-82	-82	-
Gain (Loss) on Sale of Investments	1,470	1,470	135	1,185	30	-
Gain (Loss) on Sale of Assets	-1	-1	9	12	78	64.4
Asset Writedown	-17	-17	-6	-	-	-
Other Unusual Items	-	-	-1,049	-11,774	-	-4,628
Pretax Income	42,939	35,555	20,276	4,525	17,165	331.6
Income Tax Expense	9,485	7,889	4,734	-370	5,080	-147.3
Earnings From Continuing Operations	33,454	27,666	15,542	4,895	12,085	478.9
Minority Interest in Earnings	-34	-23	-51	-28	-61	-77.3
Net Income	33,420	27,643	15,491	4,867	12,024	401.6
Net Income to Common	33,420	27,643	15,491	4,867	12,024	401.6
Net Income Growth	33.25%	78.45%	218.29%	-59.52%	2894.02%	-94.48%
Shares Outstanding (Basic)	998	996	966	963	915	792
Shares Outstanding (Diluted)	999	998	969	965	916	792
Shares Change (YoY)	0.65%	3.04%	0.46%	5.28%	15.71%	-
EPS (Basic)	33.49	27.76	16.03	5.05	13.14	0.51
EPS (Diluted)	33.44	27.67	15.99	5.05	13.13	0.51
EPS Growth	32.31%	73.05%	216.63%	-61.52%	2499.01%	-94.50%
Free Cash Flow	-	10,914	23,426	26,596	19,538	25,219
Free Cash Flow Per Share	-	10.93	24.18	27.57	21.33	31.85
Dividend Per Share	-	4.250	2.250	1.000	-	-
Dividend Growth	-	88.89%	125.00%	-	-	-
Gross Margin	41.24%	40.81%	40.52%	34.65%	33.02%	32.15%
Operating Margin	28.68%	28.61%	25.53%	20.92%	22.87%	20.70%
Profit Margin	20.45%	19.83%	14.86%	5.14%	13.02%	0.74%
Free Cash Flow Margin	-	7.83%	22.46%	28.08%	21.16%	46.29%
EBITDA	48,660	41,403	27,807	20,655	21,783	12,004
EBITDA Margin	29.77%	29.71%	26.67%	21.81%	23.59%	22.03%
D&A For EBITDA	1,778	1,524	1,185	839	663	727.7
EBIT	46,882	39,879	26,622	19,816	21,120	11,276
EBIT Margin	28.68%	28.61%	25.53%	20.92%	22.87%	20.70%
Effective Tax Rate	22.09%	22.19%	23.35%	-	29.59%	-
Revenue as Reported	166,993	141,698	104,695	96,112	95,253	57,717
Advertising Expenses	-	1,743	4,093	4,028	1,172	788.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.