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Macrotech seals best-ever quarter, beats FY25 target
Hindustan Times Ranchi
|April 08, 2025
Macrotech Developers Ltd, which operates under the 'Lodha' brand name, has surpassed its pre-sales projections for 2024-25, helped by a slew of new projects during the year and what it said was its "best-ever quarter".
BENGALURU: Macrotech Developers Ltd, which operates under the 'Lodha' brand name, has surpassed its pre-sales projections for 2024-25, helped by a slew of new projects during the year and what it said was its "best-ever quarter".
The Mumbai-based developer clocked ₹17,630 crore of pre-sales in 2024-25, surpassing its guidance of ₹17,500 crore and its FY24's pre-sales of ₹14,520 crore. Pre-sales, or bookings, are a leading indicator of future cashflows and earnings.
"We achieved our best-ever quarter pre-sales of ₹4,810 crore (in the January-March fourth quarter), showing 14% year-on-year growth," Macrotech Developers said in a regulatory filing on Monday.
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