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Macrotech Developers reports 10% YoY growth in pre-sales

July 7, 2025 at 07:06 PM UTCBy FilingReader AI

Macrotech Developers (formerly known as Lodha Developers) has announced its key operational updates for the first quarter of fiscal year 2026, reporting a 10% year-over-year increase in pre-sales, reaching INR 44.5 billion. The company attributed this growth to strengthening its launch pipeline despite the impact of geopolitical tensions, which resulted in a loss of activity for approximately two weeks. Collections also saw a 7% rise, totaling INR 28.8 billion, aligning with the company's business plan. Macrotech Developers added five new projects across MMR, Pune, and Bengaluru with a Gross Development Value (GDV) of INR 227 billion, contributing to a robust pipeline of over 90% of the full year guidance of INR 250 billion. Despite significant investments in business development, the company's net debt stood at INR 50.8 billion, remaining below the ceiling of 0.5x Net debt/Equity.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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