Macrotech Developers Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
Macrotech Developers Ltd Achieves Best Ever Quarterly Pre-sales of INR 45.1bn
25 Jan 2025 · 25 Jan 2025, 09:28 pm
Summary
Macrotech Developers Ltd, one of India's leading real estate developers, announced its financial results for the quarter ended December 31, 2024. The Company reported its best ever quarterly Pre-sales performance of INR 45.1bn with a 32% YoY growth. The quarter also saw the strongest ever collections performance of INR 42.9bn. The Company reduced its net debt significantly by INR 6.1bn to INR 43.1bn.
Key Highlights
- 1
Best ever quarterly Pre-sales of INR 45.1bn (+32% YoY)
- 2
Strongest ever collections performance of INR 42.9bn
- 3
Significant debt reduction of INR 6.1bn (Net D/E: 0.22x)
- 4
Robust Adj. EBITDA margins at ~39%
- 5
Lodha Philanthropic Foundation (LPF) endowed with a corpus of INR 200bn
Management Comments
Mr. Abhishek Lodha
MD & CEO, Macrotech Developers Ltd.
I am pleased to note that we achieved our best ever quarterly Pre-sales performance of INR 45.1bn in Q3FY25. This is the fourth consecutive quarter of achieving pre-sales greater than INR 40bn. What is also encouraging is that these strong Pre-sales have come along side robust embedded EBITDA margins of 35%. This demonstrates our focus on delivering consistent and predictable growth alongside good profitability.
Informational and educational content only. Not investment advice.