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Robust Demand & New Launches Drive Sri Lotus Developers’ Strong Q2 FY26 Results

Sri Lotus Developers & Realty Limited has 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, robust liquidity, and a powerful pipeline of high-value projects, the company continues its upward growth trajectory.

For Q2 FY26, total revenue rose 44% YoY to ₹176 crore, supported by EBITDA of ₹50 crore and a profit after tax (PAT) of ₹46 crore. Pre-sales surged 126% YoY to ₹257 crore, while collections grew 16% to ₹106 crore, demonstrating strong customer confidence and steady execution progress.

During H1 FY26, the company achieved revenue of ₹237 crore, EBITDA of ₹80 crore, and PAT of ₹72 crore. Pre-sales reached ₹319 crore, up 50% year-on-year. As of September 2025, Sri Lotus Developers maintained a robust net cash position of ₹851 crore, underscoring its liquidity strength and disciplined financial management.

Commenting on the performance, Anand K Pandit, Chairman & Managing Director, said:
“Lotus Developers delivered a strong performance in Q2 FY26, driven by exceptional pre-sales and healthy collections. Our new launches continue to receive overwhelming customer response. With a strong pipeline, significant liquidity, and sustained demand for premium redevelopment, we are confident of achieving our FY26 guidance of ₹1,100–1,300 crore in pre-sales and 30–35% PAT growth.”

The quarter saw the launch of two landmark luxury developments—The Arcadian in Juhu and Amalfi in Versova—together representing an estimated GDV of ₹1,000 crore. The second half of FY26 will see four additional launches:

• Project Varun (Bandra)
• Lotus Aquaria (Prabhadevi)
• Lotus Celestial (Versova)
• Lotus Trident (Andheri West)

In the first half of FY26, six projects were added to the company’s development portfolio, including Lotus Portofino (Versova), Lotus Sky Plaza (Oshiwara), and Lotus Odyssey (Bandra). With ongoing and upcoming developments representing an impressive ₹13,000–₹14,000 crore in GDV, Sri Lotus Developers continues to strengthen its positioning as a leading luxury and ultra-luxury real estate developer in Mumbai.

About Sri Lotus Developers & Realty Limited

Founded in 2015 (formerly AKP Holdings Limited), Sri Lotus Developers specializes in luxury, ultra-luxury residential, and premium commercial projects across Mumbai. The company has completed 4 projects spanning over 4.2 lakh sq. ft. of carpet area, with 6 ongoing and 12 upcoming developments totaling ~27.6 lakh sq. ft. carpet area and ~20.5 lakh sq. ft. saleable area.
Known for its strong presence in Juhu and Andheri West, the company is expanding into South Mumbai, Central Mumbai, Bandra, and Versova. Sri Lotus Developers delivers end-to-end execution—from design and construction to sales and customer experience—ensuring quality, superior materials, and lasting value.
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