Macrotech Developers has reported 12% fall in its sales bookings during the January-March quarter (Q4FY23) to Rs 3,025 crore (provisional) as compared to Rs 3456 crore in Q4FY22. However, for the full fiscal 2023, the company recorded 34% rise in sales bookings to Rs 12,064 crore as compared to Rs 9,024 crore in FY22.
The collections from customers against sales rose 3% to Rs 2,933 crore in Q4FY23 from Rs 2,843 crore during Q4FY22. Collections for full fiscal 2023 stood at Rs 10,606 crore as compared to Rs 8,597 crore in FY22, i.e. up by 23%. Net Debt for India business stood at Rs 7,071 crore in Q4FY23.
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.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
| View more.. | |
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