'Consolidated net sales (including other operating income) of Macrotech Developers for the quarter ended Sep 2023 has declined 0.89% to Rs 1749.6 crore. Operating profit margin has declined from 24.01% to 23.78%, leading to 1.84% decline in operating profit to Rs 416.10 crore. Employee cost increased from 6.26% to 6.59%. Other expenses fell from 69.73% to 69.63%. Selling and administration expenses fell from 59.50% to 57.10%. Construction development cost fell from 59.50% to 57.10%.
PBIDT rose 0.45% to Rs 421.6 crore. Provision for interest fell 1.44% to Rs 123.1 crore. Loan funds declined from Rs 10,496.94 crore as of 30 September 2022 to Rs 8,740.30 crore as of 30 September 2023. Inventories rose to Rs 31,145.40 crore as of 30 September 2023 from Rs 28,016.67 crore as of 30 September 2022. Sundry debtors were higher at Rs 682.70 crore as of 30 September 2023 compared t...
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