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Macrotech Developers reports 69% rise in Q1 consolidated net profit

26 Jul 2022 Evaluate

Macrotech Developers has reported results for first quarter ended June 30, 2022.

The company has reported a fall of 23.94% in its net profit at Rs 138.69 crore for the quarter under review as compared to Rs 182.35 crore for the same quarter in the previous year. However, total income of the company increased by 35.69% at Rs 2,253.25 crore for Q1FY23 as compared Rs 1,660.62 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 68.75% in its net profit at Rs 271.26 crore for the quarter under review as compared to Rs 160.75 crore for the same quarter in the previous year. Total income of the company increased by 52.90% at Rs 2,675.78 crore for Q1FY23 as compared Rs 1,749.97 crore for the corresponding quarter previous year.

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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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