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Macrotech Developers Q4 Pre-Sales Jump 14% to Rs 4,810 Crore
Macrotech Developers Ltd, India's top realty company, clocked a 14% year-on-year increase in pre-sales to an all-time high Rs 4,810 crore in the fourth quarter of FY25, led by strong housing demand. The firm had recorded sales bookings of Rs 4,230 crore in the same period a year ago.
In a regulatory filing on Monday, the Mumbai company said its FY25 pre-sales stood at Rs 17,630 crore, up 21% from Rs 14,520 crore in FY24. The company pointed out that this performance surpassed its annual guidance and reflected steady, predictable 20% year-on-year growth.
We recorded our highest-ever quarter pre-sales at Rs 4,810 crore, which reflected 14% Y-o-Y growth. With this, we have crossed pre-sales of Rs 17,630 crore in FY25, ahead of our FY25 guidance," Macrotech said.
Operating under the recognized brand 'Lodha', Macrotech Developers has a robust presence in major housing markets such as Mumbai Metropolitan Region (MMR), Pune, and Bengaluru.
Simultaneously, the company, spearheaded by Managing Director Abhishek Lodha, is locked in a legal battle with House of Abhinandan Lodha, which has been established by his younger brother, over rights to use the 'Lodha' brand name.
Regardless of the pending legal battle, Macrotech's strong performance points to sustained demand in the housing realty sector.
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