Investor Presentaiton

Financial Performance 17.7 17.5 -1% Q2FY23 Q2FY24 5.5 5.3 5% 30% Revenue 44.4 1HFY23 -24% 33.7 1HFY24 14.3 -29% 10.2 Adj. EBITDA 32% 32% Q2FY23 Q2FY24 30% 1HFY23 1HFY24 3.7 7.2 -42% 2.1 Adj. PAT -47% 3.8 19% Q2FY23* 12% Q2FY24 16% 1HFY23* 11% 1HFY24 INR bn Lower Adj. EBITDA & PAT Margin in 1HFY24 as (i) Revenue recognized is ~50% of pre-sales, (ii) overhead costs being linked to pre-sales (accounted largely in the quarter of incurrence) is higher by ~800bps Contracts entered w.e.f. 1st April 2023 qualify for revenue recognition under POCM (Progressive). Financial performance to reflect underlying business by FY26-27 as prior period projects get completed LODHA BUILDING A BETTER LIFE Adj. EBITDA = After Grossing up of Finance cost included in cost of project XX% Adj. EBITDA margin & PAT margin Adj. PAT = before impact of Forex and Exceptional Items 25 *Exceptional Items: Provision against UK investment for Q2FY23 and 1HFY23

View entire presentation