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Home/Business/Companies/Lodha Developers Q4 Sales Surge, Misses …

Lodha Developers Q4 Sales Surge, Misses Annual Target

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By ThePip Desk•
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A group of construction workers and supervisors in hard hats examine blueprints beside a jeep at a high-rise building site.

Construction workers and managers review plans at a large building site in India.

Key Highlights

Lodha Developers reports a 23% surge in Q4 pre-sales, achieving record figures. However, the company missed its annual sales target due to West Asia conflict.

Lodha Developers has announced a robust 23 percent increase in pre-sales for the fourth quarter. The real estate firm reported its highest ever quarterly pre-sales figures.

Despite the strong quarterly performance, the company did not meet its annual sales target. According to Lodha Developers, the conflict in West Asia led to deferrals in sales during March, which ultimately impacted the full year’s booking numbers.

Lodha Developers is recognized as a leading real estate company in India.

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