Q1 FY27 results reported
As filed · Press Release
EarningsMajormateriality 75 out of 100
What happened
FactIn continuation of our letter of even date, regarding the submission of Unaudited Financial Results. For Lodha Developers Limited. (Formerly known as Macrotech Developers Limited).
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedEarlierQ4 FY25
next few years will help achieve INR 15bn rental income target for FY31
NowQ4 FY25
Potential to generate INR ~3.5bn of rental income by FY31, to increase with addition of new projects
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement projected a target of INR 15bn rental income by FY31, while the current statement indicates a potential of only INR ~3.5bn by the same year, suggesting a significant reduction in expectations.confidence 100%
Watch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- We expect to grow our annuity income by over 10x in the next six years to over ₹ 3,000 crore p.a. led by data (management committed by FY27)
- next few years will help achieve INR 15bn rental income target for FY31 (management committed by FY31)
Evidence
- Press Release(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%