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MACROTECH DEBT
Macrotech Developers cuts net debt by 7pc in Mar quarter to nearly Rs 4,000 cr on better salesMacrotech Developers, known for its Lodha brand, has reduced its net debt by 7% to nearly Rs 4,000 crore in the last quarter, driven by str...- 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...
- 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...
- Macrotech Developers to invest Rs 5,000 crore in FY25 on construction of realty projects: Abhishek LodhaMacrotech Developers, led by Abhishek Lodha, aims to invest over Rs 5,000 crore this fiscal year. The company plans to deliver 10,000+ unit...
- 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...
- 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...
- 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 ...
- Macrotech Developers inks pact for mixed-use project in Mumbai’s AndheriRealty developer Lodha’s listed company Macrotech Developers has entered into an agreement with Havemore Realty to develop the free-sale co...
- 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 ...
- Macrotech Developers aims to cut debt by nearly 40 pc in 2023 to around Rs 5,000 cr, says MD Abhishek Lodha"We are hoping to reduce debt further by Rs 1,000 crore by end of this fiscal year to about Rs 7000 crore," Lodha said.The company plans to...
- Macrotech aims to repay Yes Bank loan 5 months ahead of scheduleThe board of Macrotech Developers will meet on September 30 (Friday) to approve the proposal of "prepayment of the outstanding principal am...
- Buy Macrotech Developers, target price Rs 1410: JM FinancialMacrotech Developers Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 54442.64 Crore) operating in Re...
- Macrotech’s debt lightens on sales uptickStruck by debt concerns in the past, the management wants to adopt an asset-light model for the future. It will be increasingly looking at ...
- 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...
- Macrotech Developers Q1 results: Co posts net profit at Rs 161 crRevenue from operations for the developer listed as Macrotech Developers rose 221 per cent year-on-year to Rs 1,605 crore with a 346 per ce...
- 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. "...
- 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...
- 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.
- 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...
- 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 ...
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