Lodha posts best-ever Q3 pre-sales of ₹3,410 cr
Financial Express Mumbai|January 06, 2024
MUMBAI-BASED PROPERTY DEVELOPER Lodha said on Friday it delivered its best-ever third quarter pre-sales at 3,410 crore. Collections for the quarter stood at 2,594 crore. Its best-ever quarterly sales came in Q2FY24, at ₹3,530 crore.
RAGHAVENDRA KAMATH

Lodha, listed as Macrotech Developers, saw its share price hit a 52-week high of ₹1,198.75 intraday on the BSE on Friday before ending the day at 1,092.70, about 0.53% lower than Thursday's close.

The company added three new projects during the December quarter with gross development value (GDV) potential of 6,000 crore. With this, its project addition in the first nine months of this fiscal has risen to 20,300 crore, surpassing its guidance of ₹17,500 crore for the year.

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