Image Source: Mint
Macrotech Developers, one of India’s leading real estate firms, announced a robust performance for the quarter ended March 31, 2025, with net profit surging 38.5% year-on-year to ₹921.7 crore. The company’s consolidated revenue from operations rose 5.1% to ₹4,224.3 crore, driven by strong pre-sales and continued demand in key markets such as Mumbai Metropolitan Region (MMR), Pune, and Bengaluru.
The company’s board has recommended a final dividend of ₹4.25 per share, reflecting management’s confidence in sustained growth and operational strength. Macrotech also reported a 21% year-on-year increase in annual sales bookings, reaching ₹17,630 crore, and a 29% rise in customer collections to ₹14,490 crore for the fiscal year.
Despite significant investments in land acquisitions and new projects, the company managed to reduce its net debt by 7% to ₹3,990 crore during the quarter. Macrotech’s focus on expanding its affordable and mid-income housing segments, which now account for about 60% of its revenue, continues to underpin its strong financial performance.
Shares of Macrotech Developers closed 3.3% lower at ₹1,322.00 on Thursday.
Source: CNBCTV18
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