Macrotech Developers Ltd stated, “A strong financial performance for the March quarter, registering at a rate of a 38% increase in consolidated profit,” which now stands at Rs. 921.7 crore. This significant growth comes on the back of higher income, strengthening the company’s growth in the real estate sector.
Comparatively, from the previous year, the net profit was Rs. 665.5 crore, and the latest results reflect a substantial surge. The total income of the company also grasped an upward track, reaching Rs. 4,420.3 crore in the fourth quarter of the last fiscal year, increasing from Rs. 4,083.9 crore in the corresponding quarter of the previous year, according to a regulatory filing.
Macrotech Developers recorded a remarkable increase in net profit. For the whole fiscal year 2024-25, their total income is also showing strong rapid growth, rising from Rs. 1,549.1 crore to Rs. 2,764.3 crore in 2023-24, growing to Rs. 14,169.8 crore compared to Rs. 10,469.5 crore in the previous fiscal year.
Macrotech Developers, one of the country’s leading real estate firms, continues to set a record by selling their portfolio of properties under the brand ‘Lodha.’ The company’s consistent financial growth highlights its strong market presence and ability to navigate economic fluctuations effectively.
In India’s real estate sector, it will remain a dominant player, with sustained revenue expansion and growing profitability, setting benchmarks with its operational efficiency and market performance.
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