Macrotech Posts Record Pre-Sales in Jan-Mar Quarter, Debt Falls

Macrotech Developers Ltd., the Lodha brand owner, posted record-high pre-sales of ₹48.1 billion in the March quarter, up 14% on year, the company said in a filing.

Collections for the quarter came in at ₹44.4 billion, marking a 26% on-year rise, while net debt dropped ₹3.2 billion to ₹39.9 billion during the period. For FY25 (Apr-Mar), pre-sales jumped 21% to ₹176.3 billion and collections rose 29% to ₹144.9 billion.

The company added two new projects in Pune in the March quarter, taking total new launches to 10 for the year. These included developments across the Mumbai Metropolitan Region, Pune, and Bengaluru.

Macrotech has been focusing on expanding its residential portfolio while keeping debt levels in check. The company didn’t disclose profit figures, but said it remained confident of sustaining momentum going into the new financial year.