Real Estate Management and Development
Company Overview of Lodha Developers Private Limited
Lodha Developers Private Limited, through its subsidiaries, engages in the real estate development activities in India and the United Kingdom. The company primarily focuses on developing residential projects under the CASA by Lodha brand name; and office space projects under the Supremus, iThink, and Excelus brand names in the Mumbai metropolitan region, Hyderabad, Pune, and Lonavala. As of March 31, 2015, it had 27 ongoing projects comprising approximately 45.15 million square feet of saleable area. The company was founded in 1980 and is headquartered in Mumbai, India.
N.M. Joshi Marg
Mumbai, 400 011
Founded in 1980
Key Executives for Lodha Developers Private Limited
Managing Director, Director, Member of Management Committee, Member of Compensation Committee, Member of Shareholders/Investors Grievance Committee and Member of Allotment Committee
President of Regulatory Affairs
Compensation as of Fiscal Year 2016.
Lodha Developers Private Limited Key Developments
Mangal Prabhat Lodha Ceases to Be Director of Lodha Developers Private Limited
Sep 22 16
Lodha Developers Private Limited announced that Mr. Mangal Prabhat Lodha, Chairman has ceased to be a Director of the company.
Lodha Group Appoints Viral Oza as Chief Marketing Officer
Aug 16 16
Lodha Group has announced the appointment of Viral Oza as its chief marketing officer. Oza has joined the Lodha Group from Bennett Coleman & Company (The Times of India Group) where he was director, marketing. Prior to this, he was with Nokia (now Microsoft) since 2008, where he served as marketing director and member of the India leadership team. At the start of his career, Oza spent 17 years with Unilever in India, Philippines, and the UAE.
Lodha Developers Private Limited Reports Audited Consolidated and Company Earnings Results for the Year Ended March 31, 2016
Aug 12 16
Lodha Developers Private Limited reported audited consolidated and company earnings results for the year ended March 31, 2016. For the year, the company’s revenue from operations was INR 11,523.089 million compared to INR 8,246.994 million a year ago. Profit before tax was INR 314.787 million compared to INR 793.385 million a year ago. Profit for the year was INR 353.130 million or INR 1.49 per diluted share compared to INR 283.080 million or INR 1.20 per diluted share for the same period a year ago. Net cash flows from operating activities were INR 6,171.149 million against INR 4,127.853 million a year ago. Purchase of fixed assets/capital work in progress was INR 117.471 million against INR 11.674 million a year ago. Profit before tax and exceptional items were INR 315 million compared to INR 793 million a year ago.
For the year, on consolidated basis, the company’s revenue from operations was INR 83,198.13 million compared to INR 62,698.65 million a year ago. Profit before tax and exceptional items were INR 11,564.55 million compared to INR 12,732.18 million a year ago. Profit before tax was INR 11,569.78 million compared to INR 12,732.31 million a year ago. Profit for the year was INR 6,317.94 million or INR 28.16 per diluted share compared to INR 7,249.24 million or INR 29.81 per diluted share for the same period a year ago. Net cash flows from operating activities were INR 5,121.98 million against net cash used in operations of INR 778.64 million a year ago. Purchase of fixed assets/capital work in progress was INR 1,143.016 million against INR 1,381.245 million a year ago.
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