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Macrotech Developers reports 88% growth in sales bookings in Q2FY22

07 Oct 2021 Evaluate

Macrotech Developers has reported 88 percent growth in its sales bookings to Rs 2,003 crore for the September 2021 quarter (Q2FY22) led by the strength of its brand and resilient industry trends. The company remained confident of achieving pre-sales guidance of around Rs 9,000 crore in the current financial year and reducing net debt to around Rs 10,000 crore by the end of March. The company witnessed strong demand across its portfolio, both in ready as well as under-construction projects.

Macrotech Developers is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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