Lodha Developers Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	166,762	137,795	103,161	94,704	92,332
Other Revenue	-	1,580	1,115	-	-
Revenue	166,762	139,375	104,276	94,704	92,332
Revenue Growth (YoY)	19.65%	33.66%	10.11%	2.57%	69.46%
Cost of Revenue	97,964	82,496	62,028	61,890	61,839
Gross Profit	68,798	56,879	42,248	32,814	30,493
Selling, General & Admin	6,587	7,290	8,907	8,373	4,735
Other Operating Expenses	13,002	8,129	5,469	3,779	3,972
Operating Expenses	23,043	17,000	15,626	12,998	9,373
Operating Income	45,755	39,879	26,622	19,816	21,120
Interest Expense	-6,567	-4,791	-4,134	-4,185	-6,229
Interest & Investment Income	-	-	-	1,226	3,180
Earnings From Equity Investments	92	-14	-129	-52	9
Currency Exchange Gain (Loss)	-	-6	9	-1,028	-539
Other Non Operating Income (Expenses)	4,433	156	-398	-593	-402
EBT Excluding Unusual Items	43,713	35,224	21,970	15,184	17,139
Impairment of Goodwill	-	-1,121	-783	-82	-82
Gain (Loss) on Sale of Investments	-	1,470	135	1,185	30
Gain (Loss) on Sale of Assets	-	-1	9	12	78
Asset Writedown	-	-17	-6	-	-
Other Unusual Items	-	-	-1,049	-11,774	-
Pretax Income	43,713	35,555	20,276	4,525	17,165
Income Tax Expense	9,406	7,889	4,734	-370	5,080
Earnings From Continuing Operations	34,307	27,666	15,542	4,895	12,085
Minority Interest in Earnings	-25	-23	-51	-28	-61
Net Income	34,282	27,643	15,491	4,867	12,024
Net Income to Common	34,282	27,643	15,491	4,867	12,024
Net Income Growth	24.02%	78.45%	218.29%	-59.52%	2894.02%
Shares Outstanding (Basic)	998	996	966	963	915
Shares Outstanding (Diluted)	1,001	998	969	965	916
Shares Change (YoY)	0.25%	3.04%	0.46%	5.28%	15.71%
EPS (Basic)	34.34	27.76	16.03	5.05	13.14
EPS (Diluted)	34.25	27.67	15.99	5.05	13.13
EPS Growth	23.78%	73.05%	216.63%	-61.52%	2499.01%
Free Cash Flow	7,091	10,914	23,426	26,596	19,538
Free Cash Flow Per Share	7.08	10.93	24.18	27.57	21.33
Dividend Per Share	4.250	4.250	2.250	1.000	-
Dividend Growth	-	88.89%	125.00%	-	-
Gross Margin	41.25%	40.81%	40.52%	34.65%	33.02%
Operating Margin	27.44%	28.61%	25.53%	20.92%	22.87%
Profit Margin	20.56%	19.83%	14.86%	5.14%	13.02%
Free Cash Flow Margin	4.25%	7.83%	22.46%	28.08%	21.16%
EBITDA	49,209	41,403	27,807	20,655	21,783
EBITDA Margin	29.51%	29.71%	26.67%	21.81%	23.59%
D&A For EBITDA	3,454	1,524	1,185	839	663
EBIT	45,755	39,879	26,622	19,816	21,120
EBIT Margin	27.44%	28.61%	25.53%	20.92%	22.87%
Effective Tax Rate	21.52%	22.19%	23.35%	-	29.59%
Revenue as Reported	171,195	141,698	104,695	96,112	95,253
Advertising Expenses	-	1,743	4,093	4,028	1,172

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