India's Lodha Developers rises on higher Q4 profit

Lodha Developers

27/04/2026 08:01

** Shares of India's Lodha Developers LODH.NS rise 1.55% to 854.1 rupees

** Real estate developer posted a net profit of 10.08 billion rupees ($107.00 million) in Q4 vs 9.217 billion rupees a year ago

** Jefferies ("buy"; TP:1,215 rupees) says steady execution and 16% pre-sales growth were key revenue drivers, adding that lease income buildout will depend on upcoming data centre announcements, which could act as a positive trigger

** JPMorgan ("neutral"; TP:1,000 rupees) says results are largely in line, flags downside risks from a prolonged Middle East conflict due to cost pressures, expects the stock to remain range-bound

** LODH rated "buy" on avg by 18 analysts; median TP 1,325 rupees- LSEG data

** YTD stock down 20.79%

($1 = 94.2050 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))