Macrotech Developers Reports Strong Q2 Profit

28 Oct 2024 CW Team

Macrotech Developers, one of India’s leading real estate companies, has reported a robust net profit of ?423.10 crore for the second quarter of FY25. This impressive performance reflects the company's strategic initiatives and strong demand in the housing sector. The financial results, released recently, indicate a significant year-on-year growth, showcasing Macrotech’s resilience amidst market fluctuations.

The surge in profit can be attributed to various factors, including the successful launch of new residential projects and increased sales in key markets. The company has been focusing on enhancing its portfolio and expanding its footprint in high-demand urban areas, which has positively impacted its revenue streams.

In addition to the net profit, Macrotech reported substantial revenue growth, further bolstering investor confidence in its operational efficiency and strategic direction. The firm’s proactive measures in navigating challenges within the real estate landscape have allowed it to capitalize on emerging opportunities, particularly in the residential segment.

Market analysts have noted that Macrotech’s strong quarterly performance reflects broader trends within the real estate sector, where demand for quality housing continues to rise, driven by favorable economic conditions and changing consumer preferences. The company's focus on sustainability and innovation has also resonated well with buyers, further solidifying its market position.

Looking ahead, Macrotech Developers is optimistic about maintaining its growth trajectory, with plans to expand its project pipeline and enhance its service offerings. The management is committed to delivering value to its stakeholders while addressing the evolving needs of the housing market. As the company moves forward, it aims to leverage its strengths to achieve sustained growth and profitability in the coming quarters.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..