Macrotech Developers Reports Strong Q3 FY24-25 Growth Amid Solid Financial Metrics

Jan 27 2025 07:21 PM IST
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Macrotech Developers has recently experienced an evaluation adjustment, highlighting its strong financial performance in the third quarter of FY24-25. The company reported significant growth in operating profit and net profit, alongside a solid return on capital employed and a favorable debt-equity ratio, reinforcing its market position.
Macrotech Developers, a prominent player in the construction and real estate sector, has recently undergone an evaluation adjustment reflecting its robust financial metrics and market position. The company reported outstanding financial performance for the third quarter of FY24-25, showcasing a significant annual growth rate in operating profit of 15.13%. Additionally, Macrotech Developers achieved a remarkable net profit growth of 122.92%, marking a strong performance over the last five consecutive quarters.

The company's return on capital employed (ROCE) reached a notable 12.72%, while its debt-equity ratio stood at a low 0.44 times, indicating a solid financial structure. Furthermore, the operating profit to interest ratio was recorded at 9.06 times, highlighting effective management of financial obligations. With a market capitalization of Rs 1,07,564 crore, Macrotech Developers is the second-largest company in its sector, contributing 12.83% to the industry.

Despite some risks associated with a high debt to EBITDA ratio of 3.95 times, the overall evaluation adjustment reflects confidence in the company's ability to navigate its financial landscape effectively.

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