X

Macrotech Developers Ltd Q1FY24; 34% fall in Profits

Macrotech Developers Ltd is primarily engaged in the business of real estate development. It is among the largest real estate developers in India with a presence in MMR (Mumbai Metropolitan Region) and Pune markets.

Financial Results:

Macrotech Developers Ltd reported Revenues for Q1FY24 of ₹1,617.00 Crores down from ₹2,676.00 Crore year on year, a fall of 39.57%.

Total Expenses for Q1FY24 of ₹1,437.00 Crores down from ₹2,349.00 Crores year on year, a fall of 38.83%.

Consolidated Net Profit of ₹179.00 Crores down 33.95% from ₹271.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.85, down 34.16% from ₹2.81 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Realty
Related Post