'Consolidated net sales (including other operating income) of Macrotech Developers for the quarter ended Jun 2024 has increased 75.99% to Rs 2846.5 crore. Operating profit margin has jumped from 20.40% to 26.59%, leading to 129.33% rise in operating profit to Rs 756.80 crore. Employee cost decreased from 7.37% to 4.92%. Other expenses fell from 72.23% to 68.49%. Selling and administration expenses fell from 62.09% to 60.11%. Construction development cost fell from 62.09% to 60.11%.
Other income rose 31.99% to Rs 71.8 crore. PBIDT rose 115.56% to Rs 828.6 crore. Provision for interest fell 5.56% to Rs 117.2 crore.
PBDT rose 173.30% to Rs 711.4 crore. Provision for depreciation rose 151.67% to Rs 60.4 crore.
Profit before tax grew 175.50% to Rs 651.00 crore. Share of profit/loss was 73.33% higher at Rs -0.4 crore. Provision fo...
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