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Macrotech Developers Ltd Q3 FY25 Results

LODHAQ3 FY25 Results
Filing
MetricValue (₹ Cr)vs Q2 FY25
Revenue4.1K55.5%
Total Income4.1K54.5%
Expenditure3.0K40.7%
PBT1.2K106.6%
Net Profit944.80123.3%
OPM21.63%10.26pp
NPM22.78%7.00pp
EPS9.48123.1%
View full financials

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. 1

    Best ever quarterly Pre-sales of INR 45.1bn (+32% YoY)

  2. 2

    Strongest ever collections performance of INR 42.9bn

  3. 3

    Significant debt reduction of INR 6.1bn (Net D/E: 0.22x)

  4. 4

    Robust Adj. EBITDA margins at ~39%

  5. 5

    Lodha Philanthropic Foundation (LPF) endowed with a corpus of INR 200bn

Management Comments

M

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.