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via economictimes.indiatimes.comBusiness & Companies

Lodha Developers H1FY27 net profit soars 63%, expects to beat full-year guidance

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Lodha Developers reported a 63% rise in first-half FY27 profit to Rs 2,386 crore, driven by strong property sales and market expansion. The developer expects to exceed annual profit guidance while pursuing data centres to boost recurring income.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishProfit growth and expectations of beating annual guidance matter for the Indian real estate sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01H1 FY27 profit rose 63% to Rs 2,386 crore.
  2. 02Growth was driven by strong property sales.
  3. 03The developer expects to exceed its annual profit guidance.

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