Macrotech Developers Q2 Results: Net profit jumps over two-fold to Rs 423.1 crore

Realty firm Macrotech Developers on Friday reported over two-fold jump in its consolidated net profit to Rs 423.1 crore for the September 2024 quarter. Its net profit stood at Rs 202.8 crore in the year-ago period.

Macrotech Developers Q2 Results: Net profit jumps over two-fold to Rs 423.1 crore
Macrotech Developers, which sells properties under the Lodha brand, is one of the largest real estate firms in the country.

Realty firm Macrotech Developers on Friday reported over two-fold jump in its consolidated net profit to Rs 423.1 crore for the September 2024 quarter. Its net profit stood at Rs 202.8 crore in the year-ago period.

The total income rose to Rs 2,684.6 crore in the second quarter of this fiscal from Rs 1,755.1 crore in the corresponding period of the previous year.

Macrotech Developers, which sells properties under the Lodha brand, is one of the largest real estate firms in the country.

Macrotech Developers has a major presence in Mumbai Metropolitan Region (MMR), Pune and Bengaluru.

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Written By: PTI
Updated: Sat, Oct 26, 2024
10:43 AM IST
PTI
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