Macrotech Developers Registers 21% Rise in Pre-Sales Bookings to ₹4,290 Crore in Q2FY25
Macrotech Developers, known for its Lodha brand, has reported a significant 21% increase in pre-sales bookings, achieving ₹4,290 crore during the July-September quarter. The company has a strong presence in the Mumbai Metropolitan Region (MMR) and Pune, w
Macrotech DevelopersReal EstatePresales BookingsBengaluruDigital InfrastructureReal Estate MumbaiOct 06, 2024
Frequently Asked Questions
What is Macrotech Developers known for?
Macrotech Developers is known for marketing its properties under the Lodha brand, one of the leading real estate developers in India.
How much did Macrotech Developers' pre-sales bookings increase in Q2FY25?
Macrotech Developers reported a 21% increase in pre-sales bookings, achieving ₹4,290 crore in Q2FY25.
In which cities does Macrotech Developers have a presence?
Macrotech Developers has a strong presence in the Mumbai Metropolitan Region (MMR), Pune, and has recently forayed into Bengaluru.
What strategic moves did Macrotech Developers make to diversify its portfolio?
The company acquired 45 acres of land for its digital infrastructure business in Chennai and entered into an agreement to increase its stake in rental income.
What was Macrotech Developers' profit after tax (PAT) in Q1FY25?
Macrotech Developers reported a profit after tax (PAT) of ₹480 crore in Q1FY25, an increase of 186% year-on-year (YoY).
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