Macrotech Developers Reports 87% Surge in Q2 FY26 Net Profit to ₹789.8 Crore

Macrotech Developers Ltd, commonly known as Lodha, has reported a robust financial performance for the second quarter of the fiscal year 2026 (July-September). The company's consolidated net profit experienced an impressive 87% year-on-year growth, reaching ₹789.8 crore, a substantial increase from ₹423.1 crore in the same period last year.

Total income also demonstrated strong growth, climbing to ₹3,878.7 crore during the quarter, up from ₹2,684.6 crore in the previous year. Abhishek Lodha, Managing Director and CEO, commented that this Profit After Tax (PAT) growth of 87% was driven by a 45% revenue increase, alongside significant operational and financial leverage. The company achieved its best-ever Q2 performance with pre-sales totaling ₹4,570 crore, marking a 7% rise compared to the previous year.

Looking ahead, Macrotech Developers is confident about meeting its full-year pre-sales target of ₹21,000 crore, with substantial project launches scheduled for the second half of the fiscal year. The Mumbai-based developer has a vast track record, having delivered 110 million sq. ft. of real estate and currently developing over 130 million sq. ft. across its ongoing and planned projects.

Impact This strong earnings report and positive outlook are expected to bolster investor confidence in Macrotech Developers and may positively influence its stock performance. The real estate sector could also see a ripple effect, as robust sales and profit growth in a major player often signal healthy market conditions and demand. The company's consistent growth trajectory suggests effective business strategies and execution capabilities. Rating: 7/10

Difficult Terms Consolidated Net Profit: The total profit of a company after deducting all expenses, taxes, and interest from its combined financial statements, including those of its subsidiaries. Total Income: The total revenue generated by a company from all its business activities before deducting any expenses. Profit After Tax (PAT): The profit remaining for a company after all applicable taxes have been paid. YoY growth: Year-on-year growth, a comparison of a period's performance against the same period in the preceding year. Revenue Growth: An increase in the income generated from the sale of goods or services. Pre-sales: Advance bookings or sales secured for properties that are still under construction or have not yet been launched. Fiscal: Refers to a financial year, a 12-month period used for accounting, budgeting, and reporting financial results.