Macrotech Developers Q3 sales up 32% at ₹4510 crore

Macrotech Developers Q3 sales up 32% at ₹4510 crore


Macrotech Developers sold houses worth ₹4510 crore in the December quarter, up 32 per cent on year, while it cut its debt to ₹4320 crore with collections rising 66 per cent.

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In an exchange filing the company said it collected ₹4290 crore in the quarter that helped it to reduce its debt by ₹610 crore.

It added one new project in Bengaluru in the quarter under review with a gross development value of ₹2800 crore, expanding its presence in the city to five locations. These projects will add substantially to its pre-sales growth from FY26 onward, it said.

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In the first nine months of FY25 the company has achieved pre-sales ₹12,820 crore, up a quarter from year ago while collections were 30 per cent higher at ₹10,060 crore in the same period.

So far in the current fiscal, it has added 8 new projects in Mumbai Metropolitan Region, Pune and Bengaluru with a GDV of ₹19,500 crore, which is around 90 per cent of its full-year guidance.

The company said it had acquired 33 acres of land in the National Capital Region that would be used for its warehousing and logistics business. It has also entered into agreements to buy out its joint venture partners’, Bain Capital and Ivanhoe Cambridge, stakes in a $1 billion digital infrastructure platform that would increase its annuity income potential.





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