Q3FY24 Operating Highlights
Construction cost – inflation moderation since Mar-22
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Mar'21 to Mar'22
Mar'21 to Dec'23
Commodity/Component % Share in total cost
% Change
Weighted Impact
% Change
Weighed Impact
Steel
12.9%
35.1%
4.5%
-1.2%
-0.2%
Flooring Tiles
5.0%
23.9%
1.2%
15.3%
0.8%
Electrical/Plumbing
11.8%
10.1%
1.2%
4.5%
0.5%
Labour
34.4%
3.0%
1.0%
6.8%
2.4%
External Windows
3.9%
21.9%
0.8%
8.8%
0.3%
RMC Cement
10.5%
6.3%
0.7%
13.9%
1.5%
Lifts & Elevators
3.3%
16.6%
0.5%
37.7%
1.2%
Carpentry Materials
3.5%
15.5%
0.5%
5.6%
0.2%
Painting
3.8%
13.1%
0.5%
33.6%
1.3%
Overall
~13.7%
~10.8%
Construction cost increase since 1st April 21 at ~4% annualized rate (expected to continue moderating)
This, in turn, implies impact on COGS of <2% p.a. for our portfolio
LODHA
BUILDING A BETTER LIFE
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