Macrotech Developers reports 16% rise in sales bookings during Q3FY23

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

06 Jan 2023 Evaluate

Macrotech Developers has reported 16.3% rise in its sales bookings during the October-December quarter (Q3FY23) to Rs 3,035 crore (provisional) as compared to Rs 2,608 crore in Q3FY22. The collections from customers against sales rose 26.1% to Rs 2,682 crore in Q3FY23 from Rs 2,127 crore during Q3FY22. Net Debt for India business stood at Rs 8,042 crore in Q3FY23.

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	1175.50
Prestige EstatesProj	1473.75
Dilip Buildcon	412.70
DLF	671.75
Oberoi Realty	1843.25
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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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