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Macrotech Developers Q3 profit up 25pc to Rs 505 cr

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NewsDrum Desk
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New Delhi, Jan 27 (PTI) Realty firm Macrotech Developers Ltd on Saturday reported a 25 per cent increase in its consolidated net profit to Rs 505 crore for the third quarter of this fiscal year.

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Its net profit stood at Rs 405 crore in the year-ago period.

Total income rose to Rs 2,958.7 crore in the October-December period of the 2023-24 financial year from Rs 1,902.4 crore in the corresponding period of the previous year, according to a regulatory filing.

Mumbai-based Macrotech Developers is one of the leading real estate developers in the country. The company markets its properties under Lodha brand. PTI MJH MR

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