Macrotech Developers has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 52.73% fall in its net profit at Rs 135.30 crore for the quarter under review as compared to Rs 286.20 crore for the same quarter in the previous year. Total income of the company decreased by 44.86% at Rs 1501.60 crore for Q1FY24 as compared Rs 2723.30 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 33.95% fall in net profit at Rs 179.20 crore for the quarter ended June 30, 2023 as compared to Rs 271.30 crore for the same quarter in the previous year. Total income of the company decreased by 37.52% at Rs 1671.80 crore for Q1FY24 as compared Rs 2675.80 crore for the corresponding quarter previous year.
