NEW DELHI: Macrotech Developers has reported pre-sales of ₹48.1 billion in the fourth quarter of the financial year 2024-25, registering 14% year-on-year growth.
With this, the company has achieved pre-sales of ₹176.3 billion in FY25 (up 21% year-on-year), surpassing our FY25 guidance and recording 20% growth.
The company’s collections were at ₹44.4 billion for Q4 FY25, showing a growth of 26% year-on-year. Collections in FY25 registered 29% year-on-year growth and stood at ₹144.9 billion.
In Q4 FY25, it added two new projects in Pune with gross development value (GDV) of ₹43 billion. With this, it now has presence in nine locations across Pune.
During the year, the company has added 10 new projects with ₹237 billion of GDV across Mumbai Metropolitan Region (MMR), Bengaluru and Pune, surpassing its full year guidance of ₹210 billion.
The company’s net debt reduced by ₹3.2 billion during the quarter to ₹39.9 billion, well below ceiling of 0.5x net debt/equity. “Our consistent performance and strong balance sheet have earned us credit rating upgrade to IND AA/(Stable) from India Ratings,” the company said.
