Board Meeting Details

The Board of Directors meeting was held on Thursday, October 15, 2026, commencing at 05:00 PM (IST) and concluding at 05:50 PM (IST).

Financial Results Approved

The Board approved the following documents:

  • Un-Audited (Standalone and Consolidated) Financial Results for the quarter and half year ended September 30, 2026
  • Statement of Assets and Liabilities as at September 30, 2026
  • Cash Flow Statement for the half year ended September 30, 2026
  • Limited Review Report from Statutory Auditors on the unaudited financial results

Consolidated Financial Performance (₹ in Millions)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹2,685.83 (vs ₹1,751.08 in Q2 FY26) - 53.4% increase
  • Other income: ₹721.74 (vs ₹727.04 in Q2 FY26)
  • Total income: ₹2,807.57 (vs ₹1,888.12 in Q2 FY26)
  • Profit before tax: ₹1,183.24 (vs ₹622.26 in Q2 FY26) - 90.2% increase
  • Profit after tax: ₹885.25 (vs ₹463.64 in Q2 FY26) - 91.0% increase
  • Basic EPS: ₹1.68 (vs ₹0.98 in Q2 FY26)
  • Diluted EPS: ₹7.61 (vs ₹0.98 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹4,009.31 (vs ₹2,374.26 in H1 FY26) - 68.9% increase
  • Other income: ₹258.20 (vs ₹194.76 in H1 FY26)
  • Total income: ₹4,267.51 (vs ₹2,569.02 in H1 FY26)
  • Profit before tax: ₹1,792.33 (vs ₹975.60 in H1 FY26) - 83.7% increase
  • Profit after tax: ₹1,342.47 (vs ₹721.52 in H1 FY26) - 86.1% increase
  • Basic EPS: ₹2.61 (vs ₹1.59 in H1 FY26)
  • Diluted EPS: ₹2.60 (vs ₹1.59 in H1 FY26)

Standalone Financial Performance (₹ in Millions)

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹0.00
  • Other income: ₹95.95
  • Total income: ₹96.95
  • Profit before tax: ₹3.19
  • Profit after tax: ₹2.67
  • Basic EPS: ₹0.01
  • Diluted EPS: ₹0.01

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹100.00
  • Other income: ₹205.51
  • Total income: ₹306.51
  • Profit before tax: ₹90.17
  • Profit after tax: ₹68.82
  • Basic EPS: ₹0.74
  • Diluted EPS: ₹0.74

Dividend Declaration

The Board of Directors at its meeting held on September 1, 2026, recommended an interim dividend at 30% i.e. ₹0.30 per equity share (face value of ₹1 per share) for FY 2026-27, which was paid during Q2 FY27. Promoters and Promoter Group shareholders, comprising 87.87% of total equity shares, voluntarily waived their right to receive dividend.

Consolidated Balance Sheet (as at September 30, 2026)

  • Total assets: ₹27,864.64 million
  • Equity share capital: ₹488.72 million
  • Other equity: ₹19,862.04 million
  • Total equity: ₹20,493.76 million
  • Non-current liabilities: ₹515.44 million
  • Current liabilities: ₹6,855.44 million
  • Cash and cash equivalents: ₹5,380.00 million
  • Inventories: ₹15,624.15 million

Standalone Balance Sheet (as at September 30, 2026)

  • Total assets: ₹20,071.87 million
  • Equity share capital: ₹488.72 million
  • Other equity: ₹15,811.05 million
  • Total equity: ₹17,299.77 million
  • Non-current liabilities: ₹26.24 million
  • Current liabilities: ₹2,745.86 million
  • Cash and cash equivalents: ₹3,366.20 million
  • Inventories: ₹4,547.21 million

Consolidated Cash Flow Statement (H1 FY27)

  • Net cash used in operating activities: ₹(2,012.99) million
  • Net cash used in investing activities: ₹(53.95) million
  • Net cash used in financing activities: ₹(41.48) million
  • Net decrease in cash: ₹(2,108.42) million
  • Cash at beginning: ₹7,488.42 million
  • Cash at end: ₹5,380.00 million

Standalone Cash Flow Statement (H1 FY27)

  • Net cash used in operating activities: ₹(1,589.97) million
  • Net cash used in investing activities: ₹(1,460.78) million
  • Net cash from financing activities: ₹208.12 million
  • Net decrease in cash: ₹(1,817.25) million
  • Cash at beginning: ₹5,183.45 million
  • Cash at end: ₹3,366.20 million

Subsidiaries Included in Consolidation

The consolidated results include 26 subsidiaries: Anam Projects LLP, Armaan Real Estate Private Limited, Arahan Projects Private Limited, Arum Real Estate Private Limited, Asvi Projects Private Limited, Avion Infra and Realty Private Limited, Chandra Gupta Estates Private Limited, Dhiti Projects Private Limited, Dhyan Projects Private Limited, Kunika Projects Private Limited, Neoteric Real Estate LLP, Prasati Projects Private Limited, Richfeel Real Estate Private Limited, Rise Root Projects Private Limited, Roseate Real Estate Private Limited, Shivshrushti Projects LLP, Sonnet Projects Private Limited, Srajak Real Estate Private Limited, Sri Lotus Grand Abodes Private Limited, Sri Lotus Imperial Projects Private Limited, Sri Lotus Elegancia Realty Private Limited, Sri Lotus Marquee Projects Private Limited, Sri Lotus Legacy Realty Private Limited, Tryksha Real Estate Private Limited, Valuemart Real Estate Private Limited, Veera Desai Projects Private Limited.

Segment Information

The company has only one reportable operating segment - "Real Estate Development" as defined under Ind AS 108.

Auditor Review

T. P. Ostwal Nc Associates LLP, Chartered Accountants (Firm Registration Number: 124444W) conducted limited review of both standalone and consolidated financial results and issued unqualified review reports dated October 15, 2026.

Availability of Results

The results are available on the company's website (https://lotusdevelopers.com) and on BSE (www.bseindia.com) and NSE (www.nseindia.com) websites.