Macrotech Developers' net profit rises 87.02% in Q3 FY25

28 Jan 2025 CW Team

Macrotech Developers has reported a growth of 87.02 per cent in its net consolidated profit during the quarter ended December 31, 2024. Its profit after tax stood at Rs 9.44 billion in Q3 FY25 as against Rs 505.2 it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Based on the recommendation of the nomination & remuneration committee, the board of directors have approved the appointment of Sushil Kumar Modi as an additional and whole-time director, for a term of three years, with effect from January 25, 2025. The board also approved the appointment of Sanjay Chauhan as the chief financial officer (CFO) and key managerial personnel of the company with effect from January 25, 2025.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

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