Sri Lotus Developers Q3 FY26 Revenue at ₹224 Crore, PAT at ₹70 Crore
Sri Lotus Developers reported Q3 FY26 revenue of ₹224 Crore, up 93% YoY, with PAT at ₹70 Crore. 9M FY26 revenue stood at ₹461 Crore, and PAT at ₹142 Crore. Pre-sales grew 247% YoY to ₹376 Crore in Q3 FY26. The company added eight new projects with a GDV of ₹7,500-8,500 Crore and signed a ₹2,000-2,200 Crore project in Gift City.
The announcement details significant financial performance improvements, strategic project additions including a large deal in Gift City, and positive future guidance, all of which are material to investors.
The company reported strong year-on-year growth in revenue and pre-sales, added significant new projects, and expressed confidence in achieving its financial guidance, indicating positive performance and future outlook.
Sri Lotus Developers and Realty Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported total revenue of ₹224 Crore for Q3 FY26, with EBITDA at ₹79 Crore and Profit After Tax (PAT) at ₹70 Crore. Pre-sales for the quarter stood at ₹376 Crore, a year-on-year growth of 247%, and collections were ₹119 Crore.
For the nine months ended December 31, 2025 (9M FY26), total revenue was ₹461 Crore, EBITDA was ₹159 Crore, and PAT was ₹142 Crore. Pre-sales for 9M FY26 reached ₹695 Crore, showing a 117% YoY growth, with collections of ₹294 Crore. The company added eight new projects during the year with an estimated Gross Development Value (GDV) of ₹7,500 - 8,500 Crore.
Key business updates include the launch of Project Varun (Bandra) in November 2025, achieving bookings of ₹52 Crore. The company expects to launch two new projects in Q4 FY26: Lotus Aquaria (Prabhadevi) and Lotus Celestia (Versova). In January 2026, Sri Lotus Developers signed its largest project in the Gift City area through a development agreement, with a carpet area of over 1 million sq. ft. and an estimated GDV of ₹2,000 - 2,200 Crore.
Mr. Anand K Pandit, Chairman & Managing Director, commented on the strong performance, highlighting the brand's strength, sustained demand, and robust pipeline. He noted the significant YoY growth in pre-sales and revenues, supported by healthy EBITDA margins. The company remains on track to achieve its FY26 pre-sales guidance of ₹1,100 – 1,300 Crore.
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