New Delhi, Nov. 3 -- Lodha Developers' stock rose over 6% on Tuesday, reacting to the management's upbeat commentary after its September quarter (Q2FY27) results. Lodha is bracing for a fast-paced H2FY27, backed by launches with a revenue potential of Rs.19,070 crore (11.1 msf, 17 projects). This is a marked improvement from launches worth Rs.4,080 crore in H1. The new launches are spread across Mumbai Metropolitan Region (MMR), Bengaluru, Pune and National Capital Region (NCR).

Q2FY27 pre-sales rose 10% year-on-year to Rs.5,037 crore, with Bengaluru fetching Rs.1,860 crore, a key highlight. Collections were flat at Rs.3,450 crore. Typically, one-third of quarterly pre-sales come from new launches and two-thirds from sales in existing pr...