Macrotech Developers reports 57% rise in sales bookings during Q2FY23

Lodha Developers Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 543287 | NSE: LODHA

06 Oct 2022 Evaluate

Macrotech Developers has reported 57% rise in its sales bookings during the July-September quarter (Q2FY23) to Rs 3,148 crore as compared to Rs 2,003 crore in Q2FY22 on strong housing demand. The collections from customers against sales rose 24% to Rs 2,375 crore in Q2FY23 from Rs 1,912 crore during Q2FY22. Net Debt for India business stood at Rs 8,796 crore in Q2FY23.

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.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.