Achieves guidance on pre-sales and debt

Company
26 Apr 2024
5 Min read 
  • Macrotech Developers achieved bookings of INR42.3b, up 40%/24% YoY/QoQ.
  •  The company achieved its guidance, recording pre-sales of INR145b for FY24, up 20% YoY.
  •  Sales volumes for 4Q increased 32% YoY to 3.3msf and blended realization rose 6%.
  •  The company expects to deliver a 20% growth in pre-sales to INR175b in FY25.
  •  Financially, the company reported the highest ever quarterly revenue of INR40b, up 23% YoY.
  •  The company's net debt further reduced by INR41b to INR30b.
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