Lodha Developers Q4 pre-sales up 23% but annual target hit by West Asia conflict

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Lodha Developers announced strong quarterly sales growth of 23 percent. The real estate firm achieved its best ever quarterly pre-sales. However, the company's annual sales target was not met. The West Asia conflict caused some sales deferrals in March. This impacted the full year's bookings. Lodha Developers is a leading real estate company in India.