Macrotech Developers Q4 Profit Surges 38% to Rs 922 Cr

Apr 24, 2025 21:52

Macrotech Developers Ltd reported a 38% jump in Q4 profit to Rs 921.7 crore on higher income. The company's net profit stood at Rs 665.5 crore in the year-ago period.

Photograph: Shailesh Andrade/Reuters

New Delhi, Apr 24 (PTI) Realty firm Macrotech Developers Ltd on Thursday reported a 38 per cent increase in consolidated profit to Rs 921.7 crore for the March quarter on higher income.

Its net profit stood at Rs 665.5 crore in the year-ago period. Total income rose to Rs 4,420.3 crore in the fourth quarter of the previous fiscal year from Rs 4,083.9 crore in the corresponding period of the preceding year, according to a regulatory filing.

Net profit increased to Rs 2,764.3 crore during 2024-25 from Rs 1,549.1 crore in the preceding year.

Total income grew to Rs 14,169.8 crore last fiscal year from Rs 10,469.5 crore in 2023-24.

Macrotech Developers is one of the leading real estate firms in the country. It sells properties under 'Lodha' brand.

Source: PTI

MORE NEWS

Labour Ministry & Microsoft Pact: AI Skilling &...

Labour Ministry partners with Microsoft to boost job opportunities, AI skilling, and...

Vedanta to Invest Rs 1 Lakh Cr in Rajasthan

Vedanta announces Rs 1 lakh crore investment in Rajasthan to double production of zinc,...

Sensex, Nifty Fall for 3rd Day: Market Selloff

Sensex and Nifty decline for the third straight day, dragged by fag-end selloff. FII...

ACME Solar Appoints KR Thiyagarajan as...

ACME Solar Holdings appoints KR Thiyagarajan as President - EPC. He will lead renewable...

Nestle: India Top 5 Global Markets Soon?

Nestle expects India to be a top 5 global market, driven by macro trends and rural...

Byju Raveendran Gets US Court Relief in $1B...

US court reverses USD 1 billion damages ruling against Byju Raveendran. Details on the...

Nestle: Tech & Consumer Focus for Growth

Nestle India to focus on technology and consumer-centric approach for healthy volume...

AI Powers MIF Manufacturing with Humanoid Robots

Mother India Forming (MIF) transforms manufacturing with AI-powered humanoid &...

SBI MD: Concerns Over Account Aggregator Consent

SBI MD Ashwini Kumar Tewari raises concerns about Account Aggregator's single consent...

Silver Hits Record High on Fed Rate Cut Hopes

Silver futures soar to Rs 1.91 lakh/kg on Fed rate cut expectations. Gold rises. Market...

Macrotech Developers Q4 Profit Surges 38% to Rs 922 Cr

You May Like To Read

MORE NEWS