Macrotech Developers Ltd Achieves Best Ever Quarter Pre-Sales of INR 45.1bn in Q3FY25, Showing 32% YoY Growth

Macrotech Developers Ltd has reported key operational updates for Q3FY25. The company achieved its best ever quarter pre-sales of INR 45.1bn, showing a 32% YoY growth. The total pre-sales for 9mFY25 stood at INR ~128.2bn, indicating a 25% YoY growth. The collections for Q3FY25 were INR 42.9bn, marking a 66% YoY growth. The company added one new project in Bengaluru with a GDV of INR 28bn, taking the total number of locations in Bengaluru to five. This is expected to provide significant pre-sales growth in Bengaluru from the next FY onwards. The company also added 8 new projects with INR ~195bn of GDV across MMR, Bengaluru and Pune, achieving 90+% of its full year guidance. The net debt reduced by INR 6.1bn to INR 43.2bn, well below the ceiling of 0.5x Net Debt/Equity.