Macrotech Developers Q1 Sales Jump 39 Per Cent To Rs 53.6 Billion
Macrotech Developers Ltd, which operates under the Lodha brand, has reported a 39 per cent year-on-year rise in sales bookings to Rs 53.6 billion for the quarter ended June 2025, compared with Rs 38.6 billion a year earlier.The company attributed the growth to strong housing demand across key markets, with mid-income and luxury segments performing particularly well. Macrotech plans to launch projects covering 5.8 million square feet in the coming quarters to capitalise on this momentum.During the quarter, collections stood at Rs 32.8 billion, while project completions and timely deliveries hel..
Prestige Group Buys 102 Acres For Rs 200 Billion Housing Projects
Prestige Group has acquired 102 acres of land during the April–June quarter of FY26, aiming to develop housing projects with a potential sales value of Rs 200 billion. The Bengaluru-based real estate major purchased plots in Bengaluru, Hyderabad, and Chennai to expand its residential portfolio.Chairman and Managing Director Irfan Razack said the acquisitions align with the company’s strategy to strengthen its presence in high-demand urban markets. Prestige Group plans to launch several large-scale residential projects over the next few years, catering to mid-income and premium homebuyers.I..
Ambuja Cements Q2 Profit Climbs 34 Per Cent To Rs 15.4 Billion
Ambuja Cements Ltd has reported a consolidated net profit of Rs 15.4 billion for the quarter ended June 2025, up 34 per cent from Rs 11.5 billion a year earlier. Consolidated revenue from operations increased 15 per cent year-on-year to Rs 97.8 billion from Rs 84.9 billion.The company attributed the performance to robust cement demand across key markets, improved realisations, and cost efficiency measures. EBITDA rose 28 per cent to Rs 21.5 billion, supported by higher volumes and better price management.Ambuja Cements continues to focus on expanding its production capacity, enhancing sustaina..
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