Macrotech Developers reports 22% growth in pre-sales during Q2FY25

Ace News

4th Oct 2024

Macrotech Developers has reported 21.53% growth in pre-sales at Rs 4290 crore in the second quarter of FY25 (Q2FY25) as compared to Rs 3530 crore in Q2FY24. For H1FY25, pre-sales stood at Rs 8320 crore.

Its collections for the September quarter grew by 11.64% to Rs 3070 crore as compared to Rs 2750 crore in Q2FY24. For H1FY25, collections stood at Rs 5760 crore.

Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.