Macrotech Developers’ Q3 Earnings Surge 88% to ₹944 Crore on Rising Revenue
In the first nine months of this fiscal year, the company expanded its land portfolio across MMR, Pune, and Bengaluru, securing parcels with an estimated revenue potential of ₹19,500 crore.
Macrotech Developers Q3 FY25: Net Profit Soars 88% to ₹944 Crore Amid Strong Housing Demand
Macrotech Developers, known for its Lodha brand, reported an impressive 88% growth in consolidated net profit for the third quarter of FY25. The company’s net profit surged to ₹944.4 crore, up from ₹503.3 crore in the same quarter last year, driven by higher income and robust housing demand.
Strong Revenue Growth: The company’s total income for Q3 FY25 rose to ₹4,146.6 crore, a significant jump from ₹2,958.7 crore in the year-ago period. This growth reflects a strong performance across its key markets. In the first nine months of FY25, Macrotech Developers more than doubled its net profit to ₹1,842.6 crore, compared to ₹883.6 crore during the same period last fiscal. Total income for the nine months increased to ₹9,749.5 crore, up from ₹6,385.6 crore a year ago.
Record Pre-Sales Performance: Abhishek Lodha, Managing Director and CEO of Macrotech Developers, highlighted the company’s stellar pre-sales performance, saying, “We achieved our best-ever quarterly pre-sales performance of ₹4,510 crore in Q3.” This marks the fourth consecutive quarter of pre-sales exceeding ₹4,000 crore, underscoring the company’s consistent growth momentum. Lodha also noted robust embedded EBITDA margins of 35%, reflecting strong profitability alongside predictable growth.
Expansion and New Opportunities: The company has achieved ₹12,820 crore in pre-sales as of December FY25, showcasing a 25% growth. During this period, Macrotech Developers added new projects in Bengaluru with a gross development value (GDV) of ₹2,800 crore. These additions are expected to drive further pre-sales growth starting next fiscal year. In the first nine months, the company also expanded its land portfolio across MMR, Pune, and Bengaluru, acquiring parcels with a revenue potential of ₹19,500 crore. Additionally, it acquired approximately 33 acres of land in NCR for its Digital Infrastructure business, focused on warehousing and industrial development.
Future Outlook: Macrotech Developers has delivered approximately 100 million square feet of real estate to date and is actively developing more than 110 million square feet under its ongoing and planned portfolio. The company’s focus on growth, profitability, and operational excellence positions it strongly for continued success in India’s real estate market.
With an eye on expansion, especially in Bengaluru and NCR, the company is well-positioned to capitalize on opportunities and deliver sustained growth.
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