Macrotech Developers Reports 38.5% Q4 Profit Surge to Rs 921.7 Crore, Declares Dividend
Mumbai-based real estate giant, Macrotech Developers, announced a remarkable 38.5% increase in its Q4 profit to Rs 921.7 crore. For the financial year 2024-25, the company's consolidated net profit surged by 71% to Rs 2764 crore, reflecting robust growth and strong market performance.
Real EstateProfit GrowthMacrotech DevelopersDividendFinancial PerformanceReal Estate MumbaiApr 24, 2025
For the entire financial year, the consolidated net profit of Macrotech Developers increased by 71% to Rs 2764 crore, compared to Rs 1616.4 crore in the previous year. The robust growth can be attributed to a combination of factors, including successful project deliveries, efficient cost management, and a strong focus on customer satisfaction.
The company's board also declared a dividend of Rs 4.25 per share, which is a clear indication of its financial health and commitment to rewarding its shareholders. This dividend distribution is in line with Macrotech's strategy to maintain a healthy balance between reinvesting in the business and returning value to investors.
Macrotech Developers has been at the forefront of the Indian real estate sector, known for its high-quality residential and commercial projects across various cities. The company has a strong pipeline of upcoming projects, which are expected to further enhance its market position and financial performance. The management remains confident in its ability to navigate the evolving market landscape and continue delivering value to all stakeholders.
According to the company's CEO, Mr. A. Kumar,
Frequently Asked Questions
What was Macrotech Developers' Q4 profit for the 2024-25 financial year?
Macrotech Developers' Q4 profit for the 2024-25 financial year rose to Rs 921.7 crore, a 38.5% increase from the previous year.
How much did the company's consolidated net profit increase for the financial year 2024-25?
Macrotech Developers' consolidated net profit for the financial year 2024-25 increased by 71% to Rs 2764 crore.
What dividend did Macrotech Developers declare for the shareholders?
Macrotech Developers declared a dividend of Rs 4.25 per share for the shareholders.
What are the key factors behind Macrotech Developers' strong financial performance?
The key factors behind Macrotech Developers' strong financial performance include successful project deliveries, efficient cost management, and a strong focus on customer satisfaction.
What CSR initiatives has Macrotech Developers been involved in?
Macrotech Developers has been involved in various community development programs, environmental conservation efforts, and educational initiatives as part of its CSR efforts.
Related News Articles
Technical Issues Hinder Online Tenancy Registrations in Maharashtra
Technical glitches have affected online registration of leave and licence agreements across Maharashtra, causing delays and inconvenience to citizens and real estate agents alike.
MHADA Lottery 2024: 19,000 Affordable Homes for Sale in MMR and Pune at ₹12 Lakh and Above
The Maharashtra Housing and Area Development Authority (MHADA) is set to launch a lottery for 19,000 affordable homes in the Mumbai Metropolitan Region (MMR) and Pune. The homes are priced starting from ₹12 lakh, offering a glimmer of hope for low and mid
Air India Flight from Mumbai to New York Diverted to Delhi Due to Bomb Threat
An Air India flight, bound from Mumbai to New York, was diverted to Delhi on October 14 following a bomb threat received via X (formerly Twitter). All passengers and crew are safe and the situation is under control.
Gurugram Leads Housing Price Surge, Mumbai Lagging Behind
In the last five years, the average price of new housing projects in India’s top 10 cities has surged by 88%, with Gurugram leading the pack at a 160% increase. Mumbai, on the other hand, has seen the lowest rise at 37%. This surge is attributed to massiv
Aadhar Housing Finance Launches IPO with Price Band of Rs 300-315 per Share
Aadhar Housing Finance, a prominent player in the mortgage market, has set the price band for its Initial Public Offering (IPO) at Rs 300-315 per share. The company offers a wide range of mortgage-related loan products, including loans for residential pro
Top 10 Smart Cities in India in 2024
Pune and Ahmedabad are emerging as leading smart cities in India. Kochi combines sustainable growth with industrial development, focusing on smart infrastructure and real estate.