Net profit of Macrotech Developers declined 10.60% to Rs 665.50 crore in the quarter ended March 2024 as against Rs 744.40 crore during the previous quarter ended March 2023. Sales rose 23.44% to Rs 4018.50 crore in the quarter ended March 2024 as against Rs 3255.40 crore during the previous quarter ended March 2023.For the full year,net profit rose 218.29% to Rs 1549.10 crore in the year ended March 2024 as against Rs 486.70 crore during the previous year ended March 2023. Sales rose 8.93% to Rs 10316.10 crore in the year ended March 2024 as against Rs 9470.40 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4018.503255.40 23 10316.109470.40 9 OPM %26.0323.61 -25.8121.76 - PBDT995.80667.80 49 2336.401722.70 36 PBT878.50638.20 38 2132.501629.90 31 NP665.50744.40 -11 1549.10486.70 218 Powered by Capital Market - Live News

Macrotech Developers has allotted 1,69,000 equity shares of Rs 10 each under ESOS on 22 April 2024. Powered by Capital Market - Live News

Macrotech Developers will hold a meeting of the Board of Directors of the Company on 24 April 2024.Powered by Capital Market - Live News

Macrotech Developers has allotted 12,500 rated, listed, senior, secured, redeemable, taxable, transferable non-convertible debentures of Rs 1,00,000 each aggregating to Rs 125 crore on private placement basis on 28 March 2024. Powered by Capital Market - Live News

Macrotech Developers (Lodha) today announced successful closure of its QIP. The Rs ~3,300 crore (~USD 400 million) institutional placement received overwhelming response from both existing and new as well as global and domestic investors. The book was oversubscribed by nearly 3 times within 5 hours of issue opening and witnessed traction from diversified set of investors with long-term outlook, including sovereign funds, pension funds, insurers etc. This is the 4th equity raise by Lodha in last 36 months and means that Lodha has raised over Rs 13,000 crore of capital (including a secondary QIP), showing the exceptional support from high quality investors in brand Lodha, its strategy and team.Powered by Capital Market - Live News