Macrotech Developers Ltd, a prominent real estate company in the country, announced a 38 percent rise in consolidated profit, reaching Rs 921.7 crore for the March quarter, attributed to increased income.
The net profit for the same quarter last year was Rs 665.5 crore. Total income for the fourth quarter of the previous fiscal year rose to Rs 4,420.3 crore, up from Rs 4,083.9 crore in the corresponding quarter of the previous year, as per a regulatory filing.
For the fiscal year 2024-25, net profit surged to Rs 2,764.3 crore, compared to Rs 1,549.1 crore in the prior year. Additionally, total income for the last fiscal year increased to Rs 14,169.8 crore, up from Rs 10,469.5 crore in 2023-24. Macrotech Developers operates under the ‘Lodha’ brand, offering a range of properties.
