Macrotech Developers Reports Rs 45 Billion Pre-Sales for Q3FY25

08 Jan 2025 CW Team

Macrotech Developers (Lodha Group) announced pre-sales exceeding Rs 45 billion for Q3FY25, marking a 32% year-on-year growth from Rs 34 billion in the same period last year. This figure represents the highest-ever pre-sales reported by the company.

Additionally, the company reported collections of over Rs 42 billion for Q4FY25, a 66% increase from Rs 25 billion during the same period in FY24.

In a regulatory filing on January 6, Macrotech revealed the launch of a new project in Bengaluru, valued at Rs 28 billion in gross development value (GDV). This addition brings the company’s presence in Bengaluru to five locations, with expectations for significant pre-sales growth in the city starting next fiscal year.

In the first nine months of FY25, the company launched eight new projects across Mumbai, Pune, and Bengaluru, with a combined GDV of over Rs 195 billion, achieving more than 90% of its full-year sales guidance.

Macrotech also made strategic acquisitions, including 33 acres of land for its Digital Infrastructure business in Delhi NCR. The company has partnered with its joint venture to increase its stake in its rental income platform, aligning with its strategy for stable annuity income and risk mitigation.

As of the latest update, the company’s net debt has reduced by Rs 6 billion to Rs 43 billion, with a debt-to-equity ratio of under 0.5x.

Abhishek Lodha, Managing Director and CEO, had previously outlined the company’s goals for Bengaluru, aiming for a 15% market share in the city’s real estate market by the end of the decade.

(Hinudstan Times)

Resources

06 Jun 2025

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..