Macrotech Developers Q4 results: Profit up 38.5% to ₹922 cr, revenue rises 5.1%

Thursday, Apr 24, 2025 12:57 pm ET1min read

Macrotech Developers (Lodha Group) reported a 38.5% YoY increase in profit to ₹922 cr in Q4 FY25, with revenue from operations rising 5.1% to ₹4,224.3 cr. The company added two new projects in Pune with a GDV of ₹4,300 cr, aiming to become the top developer in the city. Q4 FY25 pre-sales reached ₹4,810 cr, a 14% YoY increase, and overall pre-sales for FY25 surpassed the annual guidance of ₹17,500 cr, growing 21% YoY.

Macrotech Developers (Lodha Group) has reported a robust performance for the fourth quarter of fiscal year 2025 (FY25), with a significant increase in profit and revenue. The company's profit surged by 38.5% year-over-year (YoY) to ₹922 crore, while revenue from operations rose by 5.1% to ₹4,224.3 crore [1].

In a strategic move to bolster its presence in the Pune real estate market, Macrotech Developers has added two new projects with a gross development value (GDV) of ₹4,300 crore. The company aims to become the top developer in the city, capitalizing on its strong market position and growing demand [2].

The company's pre-sales for the quarter reached ₹4,810 crore, marking a 14% YoY increase. For the full financial year FY25, Macrotech Developers' pre-sales exceeded the annual guidance of ₹17,500 crore, growing by 21% YoY [1].

Macrotech Developers has been actively pursuing land deals and joint developments in key growth corridors across the Pune Metropolitan Region. Recently, the company signed a development agreement for a plot measuring 20,468 square meters in Pune’s Wakad, with a stamp duty payment of Rs 8.26 crore [1].

The agreement, worth Rs 165.3 crore, was signed with Goelpushp Developers LLP and Shri Balaji Ventures. Macrotech Developers will share 22.5% of the revenue generated from the project with the partner. The company also paid a security deposit of Rs 25 crore [1].

Wakad, situated in the Mulshi taluka of Pune district, has emerged as a sought-after micro-market due to its proximity to Hinjewadi IT Park, robust social infrastructure, and improving connectivity via the Pune Metro and Mumbai-Pune Expressway. The locality has seen a surge in both end-user and investor demand over recent years [2].

The company's latest acquisition reinforces its strategic focus on key growth corridors across the Pune Metropolitan Region. The deal comes amid a strong revival in Pune’s real estate sector, with increased housing demand and steady price appreciation, especially in nodes like Wakad [2].

References:

[1] https://www.business-standard.com/companies/news/lodha-signs-development-agreement-for-20-468-sqm-plot-in-pune-s-wakad-125042400406_1.html

[2] https://economictimes.indiatimes.com/industry/services/property-/-cstruction/macrotech-developers-inks-pact-for-5-acre-joint-development-in-punes-wakad/articleshow/120580883.cms

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