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Macrotech Developers Ltd is primarily engaged in the business of real estate development. It is among the largest real estate developers in terms of presales and development pipeline in India with a presence in MMR, Pune and entered in Bengaluru market in Nov'23.
Lodha Developers reported strong Q1FY27 financial results. Revenue surged 43% YoY to 5,000 Cr, while Profit After Tax (PAT) more than doubled, growing over 2x YoY to 1,370 Cr, with PAT margin expanding to 26.9%. Operating cash flow stood at 1,890 Cr. **Growth Drivers or Strategy:** The company is aggressively...
Lodha saw a strong Q3, with pre-sales hitting a record INR 5,620 Cr (+25% YoY). Nine-month revenue climbed 25% to INR 11,960 Cr, and Adjusted PAT surged 31% to INR 2,420 Cr. However, Q3 Adjusted EBITDA dipped 6% to INR 1,490 Cr (32% margin). The company's strategy focuses on 20%...
**Financial Highlights:** Macrotech Developers reported record pre-sales of INR 176.3 billion for FY25, exhibiting a 21% increase year-on-year. The company achieved operating cash flow of INR 66 billion, with a favorable net debt/equity ratio of 0.20x, significantly below the 0.5x ceiling. For Q4 FY25, revenue reached INR 42.2 billion, a...
**Financial Highlights:** Macrotech Developers reported robust performance for the quarter and nine months ended December 31, 2024. Pre-sales reached INR 45.1 billion, marking a 32% YoY increase, and cumulative pre-sales for 9MFY25 totaled INR 128.2 billion, on track for a 20% growth target for FY25. The company’s operating cash flow...
Macrotech Developers Limited reported robust financial results for the quarter and half-year ending September 30, 2024. Pre-sales reached INR 42.9 billion, a 21% year-on-year increase, with collections at INR 30.4 billion. The company continues to prioritize growth, targeting a 20% annual increase in housing sales by focusing on high-demand urban...