Macrotech Developers, one of India's leading real estate companies, has reported a remarkable performance in the third quarter of the financial year 2025. The company achieved its highest-ever quarterly pre-sales of Rs 4,510 crore, marking a 32% year-on-year (YoY) increase. Additionally, collections for the quarter surged to Rs 4,290 crore, reflecting a staggering 66% YoY growth.
Key Highlights:
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Record Pre-Sales: Macrotech Developers' pre-sales for the nine months of FY25 stood at Rs 12,820 crore, showcasing a 25% YoY growth. This performance accounts for 73.25% of the company's full-year pre-sales guidance of Rs 17,500 crore.
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Collections Growth: The significant increase in collections underscores the company's strong execution capabilities and robust demand in the real estate sector.
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New Project Additions: Macrotech added eight new projects with a gross development value (GDV) of Rs 19,500 crore across key markets like Mumbai Metropolitan Region (MMR), Bengaluru, and Pune.
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Financial Health: The company reduced its net debt by Rs 610 crore, maintaining a net debt-to-equity ratio of 0.22, well below the target of less than 0.5.
This impressive performance positions Macrotech Developers for sustained growth, leveraging its strategic project launches and operational efficiency.
Source: Business Standard, Economic Times, NDTV Profit