Sri Lotus Developers and Realty Ltd

Sri Lotus Developers and Realty Limited, formerly AKP Holdings Limited, announced that its board of directors has recommended a 30% interim dividend, equivalent to Rs 0.30 per share, to be paid to shareholders of record as of September 11, 2026, and fixed September 25, 2026, as the record date for a final dividend for the financial year ending March 31, 2026, subject to shareholder approval at the company’s 12th Annual General Meeting scheduled for September 29, 2026. The board also recommended the appointment of Paarth Deepak Chheda (DIN: 06430713) as an Executive Director for a period of five consecutive years, effective October 1, 2026, and approved the notice for the AGM.

Sri Lotus Developers and Realty Limited, formerly AKP Holdings Limited, announced that its board of directors has recommended a 30% interim dividend, equivalent to Rs 0.30 per share, to be paid to shareholders of record as of September 11, 2026, and fixed September 25, 2026, as the record date for a final dividend for the financial year ending March 31, 2026, subject to shareholder approval at the company’s 12th Annual General Meeting scheduled for September 29, 2026. The board also recommended the appointment of Paarth Deepak Chheda (DIN: 06430713) as an Executive Director for a period of five consecutive years, effective October 1, 2026, and approved the notice for the AGM.

Sri Lotus Developers and Realty Limited, formerly AKP Holdings Limited, announced that its board of directors has recommended a 30% interim dividend, equivalent to Rs 0.30 per share, to be paid to shareholders of record as of September 11, 2025, and fixed September 29, 2026, as the date for its 12th Annual General Meeting to be held via video conferencing or other audio-visual means. The board also recommended the appointment of Paarth Deepak Chheda (DIN: 06430713) as an Executive Director for a period of five consecutive years, effective October 1, 2026, and fixed September 25, 2026, as the record date for the final dividend for the financial year 2025-26.

Sri Lotus Developers and Realty Limited, formerly known as AKP Holdings Limited, will hold a board meeting on Tuesday, September 01, 2026, to consider fixing the date of the Annual General Meeting, routine matters, and to consider and recommend a first interim dividend for the financial year 2026-27. Trading window for securities of the company will be closed from Thursday, August 27, 2026, and will reopen 48 hours after the declaration of the interim dividend.

Sri Lotus Developers & Realty Limited announced its appointment as the developer for a commercial-cum-retail redevelopment project in Juhu, Mumbai, through its subsidiary, with an estimated Gross Development Value (GDV) of Rs 1,600 crore. The project, involving the redevelopment of a shopping complex, will comprise approximately 3.46 lakh square feet of carpet area and is expected to commence in the third quarter of fiscal year 2028, with completion targeted within approximately three to four years.

Sri Lotus Developers & Realty Limited, formerly AKP Holdings Limited, announced its unaudited financial results for the quarter ended June 30, 2026, reporting Rs 409 crore in pre-sales, up 567% year-on-year, and a profit after tax of Rs 46 crore, up 77% year-on-year. The company launched two projects, Lotus Trident and Lotus Aquaria, with a combined gross development value of Rs 1,350 crore, and plans to launch four additional projects with a combined estimated gross development value of approximately Rs 3,500–4,000 crore in the remainder of fiscal year 2027. Chairman & Managing Director Anand K Pandit noted the strong performance was driven by recently launched projects and a healthy enquiry pipeline.

Sri Lotus Developers & Realty will hold a meeting of the Board of Directors of the Company on 3 August 2026.

Revenue from operations increased 61.81% YoY to Rs 307.50 crore in the quarter ended 31 March 2026. During the quarter, total expenses jumped 129.38% YoY to Rs 187.13 crore. Cost of construction and development soared 282.27% YoY to Rs 286.59 crore, while finance costs rose 173.33% YoY to Rs 0.41 crore. Employee benefit expenses, however, declined 1.93% YoY to Rs 4.05 crore. Profit before tax increased 15.74% to Rs 134.90 crore in the March quarter from Rs 116.55 crore posted in Q4 FY25. For the full financial year FY26, consolidated net profit rose 4.25% to Rs 237.09 crore, while revenue from operations jumped 39.89% to Rs 768.95 crore compared with FY25. The company's board recommended a final dividend of 50% or Rs 0.50 per equity share of face value Re 1 each for FY26. The dividend, if approved by shareholders at the ensuing Annual General Meeting (AGM), will be paid within 30 days from the date of the AGM. On the outlook front, the company guided for FY27 pre-sales of Rs 1,800'2,000 crore, along with revenue and PAT growth of 55-60% YoY. Anand K Pandit, chairman & managing director, Sri Lotus Developers & Realty, said, 'FY26 was a very strong year for Lotus Developers, as we achieved our pre-sales guidance with bookings of Rs 1,157 crore, registering a strong 137% YoY growth, reflecting the resilience of demand in the luxury and ultra-luxury residential portfolio. What differentiates Lotus is not merely growth, but the quality of growth. We continue to operate with one of the strongest profitability profiles in the real estate industry, supported by healthy margins, strong return ratios, and a debt-free / net cash balance sheet. Our business model is built around capital discipline, strong project selection, premium micromarket positioning, and execution excellence. During Q4FY26, we launched Project Celestia in Versova, which witnessed strong traction with bookings of Rs 155 crore, despite a challenging global environment. Q4 FY26 pre-sales stood at Rs 462 crore, with projects launched during FY26 contributing Rs 358 crore. We also launched our first-ever brand campaign, 'Luxury Coastline Collection', showcasing 11 landmark projects across Mumbai's premium coastal locations. The campaign received an overwhelming response and further strengthened our positioning in the luxury real estate market. Looking ahead, FY27 is expected to be another strong year for the company. We plan to launch six projects with an estimated GDV of Rs 5,000'5,500 crore and are guiding for pre-sales of Rs 1,800'2,000 crore. It also expect strong growth in revenue and profitability, supported by our launch pipeline, brand strength, and continued demand in the premium housing segment.' Sri Lotus Developers & Realty is a Mumbai-based real estate developer focused on ultra-luxury and luxury residential and commercial projects in the western suburbs of the Mumbai Metropolitan Region (MMR). Powered by Capital Market - Live

Sri Lotus Developers & Realty announced that the Board of Directors of the Company at its meeting held on 12 May 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Net profit of Sri Lotus Developers & Realty rose 11.45% to Rs 95.58 crore in the quarter ended March 2026 as against Rs 85.76 crore during the previous quarter ended March 2025. Sales rose 61.82% to Rs 307.50 crore in the quarter ended March 2026 as against Rs 190.03 crore during the previous quarter ended March 2025. For the full year,net profit rose 4.26% to Rs 237.09 crore in the year ended March 2026 as against Rs 227.41 crore during the previous year ended March 2025. Sales rose 39.89% to Rs 768.95 crore in the year ended March 2026 as against Rs 549.68 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales307.50190.03 62 768.95549.68 40 OPM %39.4457.38 -36.4952.57 - PBDT135.34116.99 16 328.42308.37 7 PBT134.90116.55 16 326.75306.82 6 NP95.5885.76 11 237.09227.41 4 Powered by Capital Market - Live