Lodha strengthened its Digital Infrastructure portfolio by adding new locations in NCR and Chennai, while also acquiring its joint venture partner’s stake in an existing platform.
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Macrotech Developers Limited (Lodha) announced today its best-ever quarterly pre-sales of ₹48.1 billion for Q4FY25, representing a 14 per cent year-on-year growth.
The shares of Macrotech Developers Limited were trading at ₹1,126.95 down by ₹53.90 or 4.56 per cent on the NSE at 10.35 am.
The Mumbai-based real estate developer achieved full-year pre-sales of ₹176.3 billion in FY25, exceeding its annual guidance with 21 per cent growth compared to the previous fiscal year. Collections also showed strong performance, reaching ₹44.4 billion in Q4 (up 26 per cent YoY) and ₹144.9 billion for the full year (up 29 per cent YoY).
Despite significant investments in business development, Lodha reduced its net debt by ₹3.2 billion during the quarter to ₹39.9 billion, maintaining a figure well below its ceiling of 0.5x Net Debt/Equity ratio. This financial discipline has earned the company a credit rating upgrade to IND AA/(Stable) from India Ratings.
The company expanded its footprint in Q4 by adding two new projects in Pune with a Gross Development Value (GDV) of ₹43 billion, bringing its total locations in Pune to nine. For the full year, Lodha added 10 new residential projects across Mumbai Metropolitan Region, Bengaluru and Pune with a combined GDV of approximately ₹237 billion, exceeding its annual guidance of ₹210 billion.
Additionally, Lodha strengthened its Digital Infrastructure portfolio by adding new locations in NCR and Chennai, while also acquiring its joint venture partner’s stake in an existing platform.
Published on April 7, 2025