Macrotech Developers has reported results for second quarter ended September 30, 2022.
The company has reported net loss of Rs 941.61 crore for Q2FY23 as compared to net profit of Rs 238.45 crore for the corresponding quarter previous year. Total income of the company decreased by 14.18% to Rs 1,731.58 crore for the quarter under review as compared to Rs 2,017.66 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported net loss of Rs 933.00 crore for Q2FY23 as compared to net profit of Rs 223.36 crore for the same quarter in the previous year. Total income of the company decreased by 17.61% to Rs 1,761.23 crore for the quarter under review as compared to Rs 2,137.76 crore for the same quarter in the previous year.
