Lodha Developers has announced the results for the quarter ending March 2026 after the stock market closed on Friday. The real estate company has also announced dividend for its investors along with the quarterly results.
Lodha Developers has announced the results for the quarter ending March 2026 after the stock market closed on Friday. The real estate company has also announced dividend for its investors along with the quarterly results. The company said in an exchange filing that the company’s profit during the quarter has increased by 11.6 percent to Rs 1007.9 crore, which was Rs 921.7 crore in the year ago quarter. The company’s income has seen an increase of 11.6 percent year on year.
The company has recorded an income of Rs 4714 crore during this period, which was Rs 4224 crore in this quarter a year ago. The company’s EBITDA stood at Rs 1412.6 crore in the March quarter, which is an increase of 15.7 percent from Rs 1220.7 crore in the year-ago quarter. The company’s EBIDTA margin has increased from 28.9 percent to 30 percent year on year.
declaration of dividend
Lodha Developer has announced important decisions for its shareholders. The company has recommended a final dividend of Rs 4.25, or 42.5 per cent, on each equity share of face value Rs 10 for the financial year ending March 31, 2026. This dividend will be given to eligible shareholders on the record date after getting approval in the AGM.
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Apart from this, the company has proposed to re-appoint Lee Polisano as an independent director for 5 years. His second term will be from July 30, 2026 to July 29, 2031, which will be implemented after the approval of the members.
stock performance
The company’s shares closed at Rs 844.90 on Friday with a decline of 1.35 per cent. The company’s shares have seen a decline of 36 percent in the last one year. However, in the last one month the company’s shares have seen a rise of 16.31 percent.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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