New Delhi, Realty firm Macrotech Developers on Wednesday reported an 11 per cent decline in March quarter consolidated net profit at Rs 665.5 crore.
However, the company's profit for the full financial year increased three-fold to Rs 1,549.1 crore.
Its net profit for the fourth quarter of 2022-23 stood at Rs 744.4 crore and for the full 2022-23 financial year at Rs 486.7 crore.
The company's total income rose to Rs 4,083.9 crore in the quarter under review from Rs 3,271.7 crore in the year-ago period, the company said in a regulatory filing.
The total income of the company is expected to increase to Rs 10,469.5 crore during FY 2023-24 from ₹ 9611.2 crore in FY 2022-23.
Macrotech is one of the leading real estate companies in the country. The company markets its properties under the Lodha brand.
However, the company's profit for the full financial year increased three-fold to Rs 1,549.1 crore.
Its net profit for the fourth quarter of 2022-23 stood at Rs 744.4 crore and for the full 2022-23 financial year at Rs 486.7 crore.
The company's total income rose to Rs 4,083.9 crore in the quarter under review from Rs 3,271.7 crore in the year-ago period, the company said in a regulatory filing.
The total income of the company is expected to increase to Rs 10,469.5 crore during FY 2023-24 from ₹ 9611.2 crore in FY 2022-23.
Macrotech is one of the leading real estate companies in the country. The company markets its properties under the Lodha brand.
