
Sri Lotus Developers (NSE: LOTUSDEV) Profit Jumps 91% in Q2
Sri Lotus Developers & Realty Limited (BSE: 544469) – Unaudited Q2 & H1 FY27 Financial Results
Press Release dated 15 Oct 2026
Introduction
Sri Lotus Developers & Realty Limited (formerly AKP Holdings Limited) submitted an unaudited financial results press release to the BSE Listing Department on 15 Oct 2026, covering the quarter (Q2 FY27) and the first half (H1 FY27) ended 30 Sept 2026. The filing complies with Regulation 30 of the SEBI (LODR) Regulations, 2015.
Key Financial Highlights
Q2 FY27 (Quarter ended 30 Sept 2026)
| Metric | FY26 (Comparable) | Q2 FY27 | YoY Change |
|---|---|---|---|
| Pre‑sales | ₹257 Cr | ₹470 Cr | +83 % |
| Total Revenue | ₹176 Cr | ₹269 Cr | +53 % |
| EBITDA | ₹50 Cr | ₹107 Cr | +113 % |
| EBITDA Margin | – | 39.9 % | – |
| Profit After Tax (PAT) | ₹46 Cr | ₹89 Cr | +91 % |
H1 FY27 (Six months ended 30 Sept 2026)
| Metric | FY26 (Comparable) | H1 FY27 | YoY Change |
|---|---|---|---|
| Pre‑sales | ₹319 Cr | ₹879 Cr | +176 % |
| Total Revenue | ₹237 Cr | ₹401 Cr | +69 % |
| EBITDA | ₹80 Cr | ₹155 Cr | +95 % |
| EBITDA Margin | – | 38.8 % | – |
| PAT | ₹72 Cr | ₹134 Cr | +86 % |
Business & Operational Updates
- Pre‑sales Momentum – Q2 pre‑sales rose 83 % YoY to ₹470 Cr, while H1 pre‑sales surged 176 % YoY to ₹879 Cr, underscoring strong demand for premium projects.
- Pipeline Additions – Three new projects secured in Q2:
- Lotus Supremus (Juhu)
- Lotus Empressa (Shivaji Park, Dadar West)
- Lotus Stellar (Versova)
- Additional area added to Lotus Insignia
These contribute an estimated ₹2,700‑₹2,800 Cr of Gross Development Value (GDV).
- H2 FY27 Launches – Four projects slated for the second half: Lotus Sky Plaza, Lotus Portofino, Lotus Odyssey, and Lotus Aurelia, together representing an estimated ₹3,500‑₹4,000 Cr of GDV.
FY27 Guidance (as reiterated in the release)
| Particulars | FY27 Guidance | H1 FY27 (Actual) | FY26 | FY25 | FY24 |
|---|---|---|---|---|---|
| Pre‑sales | ₹1,800‑₹2,000 Cr | ₹879 Cr | ₹1,157 Cr | ₹488 Cr | ₹348 Cr |
| Revenue Growth | 55‑60 % YoY | ₹401 Cr | ₹769 Cr | ₹550 Cr | ₹462 Cr |
| PAT Growth | 55‑60 % YoY | ₹134 Cr | ₹243 Cr | ₹228 Cr | ₹120 Cr |
The company reaffirmed confidence in meeting the full‑year targets on the basis of the current momentum.
Management Commentary
“I am delighted to report a strong second quarter, which completes an outstanding first half for Sri Lotus… Pre‑sales for Q2 FY27 grew 83 % YoY to INR 470 Cr… Total revenue rose 53 % YoY to INR 269 Cr, EBITDA more than doubled to INR 107 Cr at a margin of 39.9 %, and PAT grew 91 % to INR 89 Cr.”
— Mr. Anand K. Pandit, Chairman & Managing Director
The Chairman highlighted that growth has been achieved without compromising profitability and emphasized the strategic focus on redevelopment and joint‑development projects in Mumbai’s premium micro‑markets.
About Sri Lotus Developers & Realty Limited
- Incorporated: 2015 (formerly AKP Holdings Limited)
- Core Business: Luxury & ultra‑luxury residential and premium commercial development, with a strong emphasis on redevelopment in Mumbai’s western suburbs.
- Project Portfolio: 4 completed projects (≈4.2 Lakh sq ft. carpet area), 8 ongoing, and 16 upcoming developments covering ≈46.8 Lakh sq ft. of carpet area and ≈36.9 Lakh sq ft. of saleable area.
- Geographic Focus: Juhu, Andheri West, Shivaji Park, Dadar West, Versova, plus expansion into South, Central Mumbai, Bandra, and other micro‑markets.
Contact – Investor Relations
- Strategic Growth Advisors Pvt. Ltd.
- Mr. Rakesh Gupta – CFO
- Mr. Deven Dhruva / Mr. Ronak Jain
- Email: investors@lotusdevelopers.com / deven.dhruva@sgapl.net / ronak.jain@sgapl.net
- Phone: +91 98333 73300 / +91 98209 50544
- Websites: www.lotusdevelopers.com | www.sgapl.net
Safe Harbour
The release contains forward‑looking statements regarding future performance, project timelines, and market conditions. Actual results may differ materially due to risks and uncertainties. The company does not undertake any obligation to update these statements.
Reconciliation of Q2 FY27 performance shows a clean beat across both YoY and sequential (QoQ) metrics. Revenue of ₹269 Cr rose +53% YoY and +84% QoQ (vs ₹146 Cr in Q1 FY27). PAT of ₹89 Cr surged +91% YoY and +93.
Sign in for impact outlook, horizons, comparables, and full intelligence analysis.
Forecast from comparable, historic events. Not investment advice.
Original Source Document
View the original exchange filing or announcement.
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