Macrotech Developers Sets Sights on Delhi-NCR Market with Ambitious Expansion Plans May 12, 2025
More news about Macrotech Developers
08May 25
Macrotech Developers Sees Significant Block Trade on NSE
Macrotech Developers Ltd. experienced a significant block trade on the National Stock Exchange (NSE) involving 302,415 shares at Rs. 1,311.10 per share, totaling Rs. 39.65 crores. This large transaction could potentially indicate changes in institutional holdings or strategic investor moves. The real estate company, formerly known as Lodha Developers, is a major player in the Indian market, particularly in the Mumbai Metropolitan Region.
04May 25
Macrotech Developers Unveils Ambitious Rs 19,000 Crore Housing Project Plan for FY26
Macrotech Developers has announced plans to launch housing projects worth Rs 19,000 crore across Mumbai Metropolitan Region, Pune, and Bengaluru for FY26. The expansion includes 17 new projects covering 13 million square feet. The company also plans to invest over Rs 8,000 crore in land acquisition for future growth.
28Apr 25
Macrotech Developers Unveils Rs 8,000 Crore Land Acquisition Plan Amid Strong Q4 Performance
Macrotech Developers announces plans to invest over Rs 8,000 crore in FY25 for land acquisition in Mumbai Metropolitan Region, Pune, and Bengaluru. The company aims to add projects worth Rs 25,000 crore in revenue potential. In Q4 FY24, Macrotech reported a 38% increase in net profit to Rs 921.70 crore and a rise in total income to Rs 4,420.30 crore.
Macrotech Developers: Q4 Profit Soars 38.5%, Revenue Up 5.1%
Macrotech Developers Limited announced robust financial results for Q4 and FY2025. The company achieved record-breaking pre-sales of ₹48.10 billion in Q4 (up 14% YoY) and ₹176.30 billion for FY2025 (up 21% YoY). FY2025 revenue increased by 34% to ₹137.80 billion, with net profit surging 71% to ₹27.70 billion. The company added 10 new projects with a GDV of ₹237.00 billion, expanded its presence in Pune and Bengaluru, and reduced net debt to ₹39.90 billion. A final dividend of ₹4.25 per equity share was recommended for FY2025.
24Apr 25
Macrotech Developers Delivers Strong FY25 Results with 71% Profit Growth
Macrotech Developers Limited has reported strong financial results for Q4 and FY25. Full-year pre-sales increased by 21% to ₹176.30 billion, while revenue from operations grew 34% to ₹137.80 billion. Net profit surged 71% to ₹27.70 billion. The company added 10 new projects with a GDV of ₹237.00 billion, reduced net debt to ₹39.90 billion, and maintained a net debt-to-equity ratio of 0.20x. Western Suburbs of MMR and Pune markets showed significant growth. The Board recommended a final dividend of ₹4.25 per equity share, and the company's credit rating was upgraded to AA (Stable).
Macrotech Developers Limited has reported impressive Q4 FY25 results. Consolidated net profit increased by 38.5% year-on-year to ₹921.70 crore, while revenue grew by 5.1% to ₹4,224.30 crore. Annual sales bookings rose by 21% to ₹17,630.00 crore, and net debt reduced by 7% to ₹3,990.00 crore. The company announced a final dividend of ₹4.25 per equity share, subject to shareholder approval.
The Lodha brothers, associated with Macrotech Developers, have amicably resolved all outstanding disputes between themselves and their companies. The resolution includes clarification on the Lodha brand ownership and termination of existing business connections. This settlement is expected to allow Macrotech Developers to focus on core operations, improve corporate governance, and establish a clear market identity.
Macrotech Developers Surpasses FY25 Guidance with ₹23,700 Crore GDV from Land Acquisitions
Macrotech Developers acquired 10 land parcels in FY25, achieving a Gross Development Value of ₹23,700 crore, exceeding its ₹21,000 crore guidance. The company reported record sales bookings of ₹17,630 crore for the full fiscal year, a 21% year-on-year growth. Q4 sales bookings reached ₹4,810 crore, showing a 14% year-on-year increase.
Macrotech Developers achieved record Q4 FY25 pre-sales of ₹4,810 crore, up 14% YoY, despite an ongoing legal battle with House of Abhinandan Lodha. Full-year pre-sales reached ₹17,630 crore, exceeding guidance with 21% YoY growth. The company expanded in Pune, added new projects across MMR, Bengaluru, and Pune, and reduced net debt to ₹3,990 crore. Credit rating upgraded to IND AA/(Stable).
Macrotech Developers Uncovers Alleged Forgery and Trademark Misuse by HoABL Entities
Macrotech Developers has reported a case of alleged forgery and trademark misuse by House of Abhinandan Lodha (HoABL) entities. The company discovered fabricated board resolutions and a forged PAN card used to obtain approval for using Macrotech's trademarks. HoABL entities allegedly changed their corporate names to include 'LODHA', a registered trademark of Macrotech. The company has formed a Special Committee to investigate and pursue legal action, excluding Abhishek Lodha at his request. This follows previous lawsuits against HoABL for infringing Macrotech's Intellectual Property Rights.
02Apr 25
Macrotech Developers Uncovers Serious Fraud: Fabricated Documents and Forged Signatures
Macrotech Developers Limited has discovered unauthorized use of fabricated board resolutions and forged documents by entities associated with House of Abhinandan Lodha (HOABL). The fraud involves forged signatures, a fabricated PAN card of an independent director, and misuse of the 'LODHA' trademark. The company's board has formed a Special Committee to investigate and plans legal action against those responsible.
27Mar 25
Macrotech Developers Receives Credit Rating Upgrade from India Ratings
India Ratings and Research has upgraded Macrotech Developers' long-term credit rating from 'IND AA-/Stable' to 'IND AA/Stable' for bank loans and fund-based limits. The short-term rating 'IND A1+' for non-fund-based limits was affirmed. The company's Non-Convertible Debentures rating was withdrawn due to full redemption. Macrotech also announced a trading window closure from April 1, 2025, until 48 hours after the declaration of FY2025 results.
27Mar 25
Macrotech Developers' Subsidiary Resolves Arbitration Dispute Through Mutual Settlement
Macrotech Developers Limited announced the settlement of an arbitration case involving its wholly-owned subsidiary, Cowtown Infotech Services Ltd. The settlement was reached by mutual consent on March 26, 2025, following an Arbitration Award received on December 24, 2024. The company has informed stock exchanges of this development in compliance with SEBI regulations.
Macrotech Developers Limited has resolved an arbitration case involving its wholly owned subsidiary, Cowtown Infotech Services Ltd. The settlement, reached on March 26, 2025, ends a dispute that began in December 2024. The company announced the resolution through a regulatory filing, stating that the parties involved have settled the matter by mutual consent. This development comes as Macrotech Developers approaches its financial year-end on March 31, 2025, with the company also announcing the closure of its trading window for designated persons from April 1, 2025.
Macrotech Developers: Matriarch's Plea to End Lodha Brothers' Feud
Manju Lodha, mother of Abhishek and Abhinandan Lodha, has stepped in to mediate a business dispute between her sons involving a ₹5,000-crore trademark lawsuit over the 'Lodha' name. She issued a letter with six directives aimed at resolving the conflict, including non-interference in each other's businesses and guidelines for using the family name. Abhishek Lodha, managing director of Macrotech Developers, agreed to follow the directives, while Abhinandan expressed disappointment at the public disclosure. Macrotech Developers has officially informed stock exchanges about this development.