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Macrotech Developers cuts net debt by ₹320 crore in Q4, despite major land acquisitions.
Macrotech Developers, a leading Indian real estate firm, reduced its net debt by 7% to about ₹4,000 crore in the January-March quarter, thanks to strong sales and customer payments.
Despite spending on 10 new land acquisitions, the company's net debt dropped by ₹320 crore.
These acquisitions have a potential revenue of ₹23,700 crore.
Macrotech continues to use the 'Lodha' brand and operates in major cities like Mumbai, Pune, and Bengaluru.
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Macrotech Developers reduce la deuda neta en ₹320 crore en el cuarto trimestre, a pesar de las principales adquisiciones de tierras.