New Delhi, April 7 Lodha Developers, a real estate firm, reported a 23 per cent increase in pre-sales to Rs 5,890 crore during the last quarter, but failed to meet its annual target due to the conflict in West Asia.
Pre-sales, or sales bookings, stood at Rs 4,810 crore in the previous year.
During the full fiscal year 2025-26, the company's sales bookings rose by 16 per cent to Rs 20,530 crore from Rs 17,630 crore in the previous year.
In a regulatory filing, the company shared the operational update for the January-March quarter of the 2025-26 fiscal.
"We achieved our best-ever quarterly pre-sales of Rs 58.9 billion in Q4, FY26 (+23 per cent year-on-year)," Lodha said.
"Our pre-sales for the full year stood at Rs 205.3 billion in FY26 (+16% YoY growth), while sales deferrals in March due to the Iran war resulted in pre-sales being Rs 4.7 billion below the target," the company pointed out.
Lodha Developers had set a target of achieving pre-sales worth Rs 21,000 crore during the 2025-26 fiscal.
Lodha Developers is one of the leading real estate companies in the country.
It has a significant presence in the Mumbai Metropolitan Region, Pune, and Bengaluru.
The company has acquired land in the Delhi-NCR region to develop housing projects.