Search
+
    SEARCHED FOR:

    EBIDTA MARGIN

    Macrotech Developers to invest Rs 3,500-4,000 cr this fiscal to acquire land parcels

    Realty firm Macrotech Developers Ltd plans to invest Rs 3,500-4,000 crore this fiscal to acquire land for housing projects and capitalize on the increasing demand for residential properties. The company aims for a 60:40 mix of owned land and joint development agreements, with a target of 10,000 apartment deliveries this year.

    Not in 'rat race' to be top builder in terms of sale bookings, says Macrotech Developers MD

    ​When asked about the reason for setting a conservative sale bookings guidance considering that few players posted more than Rs 20,000 crore pre-sales in FY24 itself, Lodha told PTI, "We are not in any rat race and neither our shareholders are bothered about any such rat race." "We want to achieve consistent growth. Consistent growth and predictable growth with low leverage is very important and that is our business model," he said.

    Hero MotoCorp Q4 Results: Profit rises 18% YoY to Rs 1,016 crore

    Hero MotoCorp declared a final dividend of Rs. 40 per share. This dividend together with interim and special dividend, marking the centennial year of Chairman Emeritus Dr Brijmohan Lall Munjal, of Rs.100 per equity share, takes the aggregate total dividend for the year 2023- 24 to Rs. 140 per equity share.

    KPIT posts strong FY24 numbers, to add new verticals and expand in Asia

    KPIT Technologies shows robust financial performance with significant revenue and profit growth. The company focuses on consistent growth, expanding into new segments, and geographical diversification for future success.

    Macrotech to invest Rs 800 cr to construct 2 housing projects in Bengaluru: MD & CEO Abhishek Lodha

    Macrotech Developers plans to invest around Rs 800 crore in two housing projects in Bengaluru, India, to expand its business amid strong demand. The company, which markets properties under the Lodha brand, has a significant presence in Mumbai Metropolitan Region (MMR) and Pune. The construction cost of these projects is estimated to be Rs 800 crore, with a gross development value of around Rs 2,500 crore.

    Macrotech Developers adds 7 land parcels in H1 to build Rs 14,300 cr worth housing projects

    "Our focus as a business is about delivering steady and predictable growth. The first half of this fiscal year shows that we are doing that with consistency. We have achieved 48 per cent of our sales guidance for FY24 and 80 per cent of our business development guidance and our embedded EBIDTA margin remains strong at 30 per cent," Lodha said.

    The Economic Times
    BACK TO TOP
    Advertisement