### Lodha Reports Robust Q1 FY26 With Double-Digit Pre-Sales Growth

**Mumbai, July 7, 2025** – Lodha Developers Ltd. (formerly Macrotech Developers) reported solid operational performance for Q1 FY26, led by strong pre-sales and strategic project additions. 🔹 **Pre-Sales** surged to ₹44.5 billion, up 10% YoY, despite geopolitical disruptions causing a temporary slowdown in activity for nearly two weeks. The company remains confident in achieving its full-year pre-sales guidance of ₹210 billion, backed by a strengthened launch pipeline. 🔹 **Collections** stood at ₹28.8 billion, marking a 7% YoY rise and aligning with Lodha’s business plan. Management expects stronger collection momentum in the second half of the year. 🔹 **Business Development** accelerated with the addition of five new projects across MMR, Pune, and Bengaluru, aggregating to a Gross Development Value (GDV) of ₹227 billion – already covering over 90% of FY26’s guidance of ₹250 billion. 🔹 **Net Debt** was maintained at ₹50.8 billion, comfortably below the company's internal cap of 0.5x Net Debt-to-Equity, despite significant investments. Lodha’s Q1 performance underscores its operational resilience and disciplined growth strategy amid macro uncertainties.