Lodha Developers profit rises 28% YoY to Rs 1,013 crore in Sept quarter

Lodha Developers reported a 28% year-on-year increase in profit to Rs 1,013 crore in the September quarter, marking a rise in earnings compared with the corresponding period a year earlier.

Profit reaches Rs 1,013 crore

The company’s profit for the quarter stood at Rs 1,013 crore. The reported increase provides the key financial update for Lodha Developers for the September quarter.

Year-on-year growth reported

Profit was 28% higher than in the same period a year earlier. The result places the focus on the company’s quarterly earnings performance and its reported improvement over the prior-year comparison.

Lodha Developers’ September-quarter profit growth is the central development in the company’s latest financial update.