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Macrotech Developers, under the Lodha brand, reports a massive 88% jump in Q3 net profit amid strong housing demand.
Macrotech Developers, operating under the Lodha brand, saw an 88% jump in Q3 net profit to Rs 944.4 crore and a 39% revenue increase to Rs 4,146.6 crore, driven by strong housing demand.
The company achieved record quarterly pre-sales of Rs 4,510 crore and reduced debt by Rs 610 crore.
Macrotech plans to launch eight new projects and aims to reach Rs 21,000 crore in pre-sales and a 20% return on equity by FY26.
The company is also investing in non-residential assets and expanding into Bengaluru and Pune markets.
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Macrotech Developers, bajo la marca Lodha, reporta un salto masivo del 88% en el beneficio neto de Q3 en medio de una fuerte demanda de vivienda.