-
Macrotech Developers’ Q2 consolidated profit after tax (PAT) jumps 113% year-on-year to Rs 423 crore.
-
Consolidated revenue from operations grows 50% to Rs 2,626 crore, with best-ever pre-sales of Rs 4,290 crore.
-
Macrotech’s EBITDA margin stands at 34%; on track to achieve Rs 175 billion pre-sales guidance for FY25.
Macrotech Developers, formerly Lodha Developers, reported impressive Q2 results. Net profit soared 113% to Rs 423 crore, driven by robust sales and revenue growth.
Revenue from operations rose 50% to Rs 2,626 crore, backed by record pre-sales of Rs 4,290 crore. MD & CEO Abhishek Lodha attributed this success to strong demand for quality housing.
Macrotech’s pre-sales for the first half of FY2025 reached Rs 8,300 crore. The company expects to meet its FY25 guidance of Rs 175 billion pre-sales, fueled by festive season demand and favorable interest rates.
Macrotech expanded its project portfolio with additions in Pune and Bengaluru, and ventured into data centers with its first transaction at Palava, Maharashtra.
