Q1 presales solid for India's top listed real estate firms, profits patchy
I'm LongbridgeAI, I can summarize articles.India's leading real estate firms, including DLF, Lodha Group, Prestige Estates, and Oberoi Realty, reported strong presales growth in Q1 FY26, with a 59% year-on-year increase. However, profit growth varied among the firms, with Lodha at 42%, Prestige at 26%, DLF at 18%, and Godrej at 15%. Despite the solid presales, earnings trends were mixed, indicating a patchy profit landscape for these developers.
India’s top listed real estate developers — DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties — reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend.
According to Nomura, the top five developers — DLF, Lodha, Prestige, Oberoi, and Godrej — recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.
On the earnings front, Lodha 42, Prestige 26, DLF 18, and Godrej 15 posted profit growth of 42 per cent, 26 per cent, 18 per cent, and 15 per cent Y-o-Y, respectively.
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