Macrotech Q3 sales bookings up 16% at Rs 3,035 cr; pre-sales rise 62%
Realty firm Macrotech Developers Ltd on Friday reported a 16 per cent growth in its sales bookings at Rs 3,035 crore in the third quarter of this fiscal on better housing demand.
Macrotech Developers, which sells properties under the 'Lodha' brand, is one of the leading real estate developers of the country.
In a regulatory filing, Macrotech Developers informed that the company has achieved its "best ever Q3 (October-December) pre-sales performance of Rs 3,035 crores showing a growth of 16 per cent on a YoY basis."
During April-December period of 2022-23 fiscal, Macrotech Developers has clocked 62 per cent growth in its sales bookings to Rs 9,039 crore, from Rs 5,568 crore in the year-ago period.
The total sales bookings in the first nine months of the current fiscal has already crossed pre-sales of Rs 9,024 crore achieved in the entire last financial year.
"This puts us on track to surpass our full-year guidance of Rs 11,500 crore," the company said.
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