Macrotech Developers: Net profit jumps 98% YoY to Rs 422 crore, revenue up 50%Macrotech Developers (Lodha) reported a 98% YoY jump in PAT to Rs 422 crore in Q2FY25. Revenue from operations stood at Rs 2,626 crore, up ...
25 Oct, 2024, 08.26 PM IST
Macrotech Developers net debt rises 14% in Sep quarter to Rs 4,920 cr due to biz expansionMacrotech Developers' net debt increased by 14% to Rs 4,920 crore in Q2 FY2024 to fund land acquisition and construction. Despite this, the...
13 Oct, 2024, 02.41 PM IST
Macrotech Developers records best-ever quarterly pre-sales of Rs 4,290 crore in Q2Lodha, listed as Macrotech Developers, achieved its highest-ever quarterly pre-sales of Rs 4,290 crore, marking a 21% growth from last year...
04 Oct, 2024, 06.55 PM IST
Macrotech net debt rises 43.5 pc to Rs 4,320 cr in Q1 on higher capex for land, constructionMacrotech Developers faced a 43.5% rise in net debt to Rs 4,320 crore due to higher investments in land and construction. The company's sal...
18 Aug, 2024, 01.07 PM IST
Macrotech Developers aims to generate surplus cash in Q4, reduce debt by 11pc: MD Abhishek LodhaRealty firm Macrotech Developers Ltd, which markets its properties under the Lodha brand, is focusing on generating surplus cash flow and r...
30 Jan, 2024, 04.45 PM IST
Macrotech Developers aims to trim net debt to below Rs 6,000 cr by MarchReal estate firm Macrotech Developers plans to decrease its net debt to under Rs 6,000 crore by March next year, down from Rs 6,730 crore i...
27 Nov, 2023, 12.52 AM IST
Lodha records highest quarterly pre-sales of Rs 3,530 crore in Q2, up 12% on yearThe company’s collections during the quarter rose 16% from a year ago to Rs 2,750 crore, while revenues from operations declined marginally...
28 Oct, 2023, 07.59 PM IST
We expect debt to be around Rs 5,000- 6,000 cr by end of this fiscal: Abhishek Lodha, Macrotech DevelopersAnd we expect to generate around Rs 2,000 crores or more of surplus for our capital providers which include our debt reduction, as well as ...
28 Jul, 2023, 01.58 PM IST
Macrotech Developers to deliver 11,000 flats in FY'23; ramps up construction work: MD & CEO Abhishek LodhaMacrotech Developers acquires land outright and also forms joint ventures with landowners to create land banks for future development. The ...
12 Feb, 2023, 10.59 AM IST
Lodha records Rs 9,000 crore pre-sales in 9 months, continues to reduce debt“Our nine-month pre-sales performance of Rs 9,039 in in 2022-23 has already exceeded the pre-sales achieved in the full year of 2021-22. Th...
06 Jan, 2023, 10.08 AM IST
Macrotech Developers plans to refinance up to Rs 2,500-crore debt by March endIn the December quarter, the company’s India business net debt was reduced to Rs 9,896 crores, thus achieving the full year guidance for th...
31 Jan, 2022, 09.47 AM IST
Macrotech Developers net debt falls 23% in Q1 to Rs 12,435 crOn Friday, the company reported a consolidated net profit of Rs 160.91 crore for the quarter ended June. It had posted a net loss of Rs 134...
31 Jul, 2021, 01.11 PM IST
Macrotech Developers Q1 sales bookings surge 88% to Rs 957 crThe company's sales bookings and collections from customers stood at Rs 509 crore and Rs 384 crore, respectively, in the year-ago period. "...
08 Jul, 2021, 11.09 AM IST
Promoters repay entire Rs 1,596 crore debt owed to Macrotech Developers“This repayment, combined with our IPO fund raise and continued organic free cash flow generation are helping the company to progress furth...
30 Jun, 2021, 04.25 PM IST
Moody's affirms Macrotech Developers' Caa1 rating; changes outlook to positiveMacrotech, as of 31 March 2021, had around Rs 6,000 crore of debt maturities at its India operations over the next 24 months.
23 Apr, 2021, 06.45 PM IST
Macrotech Developers to list on bourses on MondayThe Mumbai-based company launched its IPO on April 7 to raise Rs 2,500 crore through fresh issue of shares. The issue, which had a price ba...
19 Apr, 2021, 09.07 AM IST
Macrotech Developers IPO: Name change, debt management, net-zero emission plans and moreThe company plans to raise Rs 2,500 crore through an initial public offer (IPO), which will hit Dalal Street on April 7 and close on April ...
06 Apr, 2021, 03.28 PM IST