Macrotech Developers Ltd's Q3FY25 Quarter Results
- 26 Jan 2025
Result Summary
- Macrotech Developers Ltd reported a 54.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 40.1%.
- Its expenses for the quarter were up by 40.7% QoQ and 36.0% YoY.
- The net profit increased 123.3% QoQ and increased 87.0% YoY.
- The earnings per share (EPS) of Macrotech Developers Ltd stood at 9.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4146.60 | 2684.60 | 2958.70 | 54.5% | 40.1% |
Total Expenses | 2988.40 | 2124.10 | 2198.00 | 40.7% | 36.0% |
Profit Before Tax | 1158.20 | 560.50 | 655.80 | 106.6% | 76.6% |
Tax | 213.70 | 136.80 | 143.90 | 56.2% | 48.5% |
Profit After Tax | 944.80 | 423.10 | 505.20 | 123.3% | 87.0% |
Earnings Per Share | 9.40 | 4.20 | 5.20 | 123.8% | 80.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Macrotech Developers Ltd is a prominent company in the real estate sector, primarily engaged in the development of residential and commercial properties. The company is recognized for its focus on delivering high-quality real estate projects and has made significant strides in the Indian real estate market. As of the latest developments, the company continues to expand its footprint by launching new projects and enhancing its portfolio to meet the growing demand for real estate in urban areas. However, specific recent major developments or news about the company were not provided in the data available for this analysis.
Revenue
During Q3FY25, Macrotech Developers Ltd reported a total income of ₹4146.60 crores, marking a substantial increase of 54.5% from the previous quarter (Q2FY25) and a year-over-year growth of 40.1% from Q3FY24. This significant rise in total income suggests that the company experienced a period of robust revenue generation during the quarter. The company's revenue growth reflects its operational performance and the potential success in capturing market demand, though further insights into the specific drivers of this income increase are not detailed in the provided data.
Profitability
Macrotech Developers Ltd demonstrated a strong profitability performance in Q3FY25, with a profit before tax of ₹1158.20 crores. This reflects a quarter-over-quarter increase of 106.6% from Q2FY25 and a year-over-year rise of 76.6% from Q3FY24. The profit after tax for the quarter stood at ₹944.80 crores, showcasing a substantial growth of 123.3% QoQ and 87.0% YoY. These figures highlight an effective management of costs and tax liabilities, contributing to the enhanced profitability margins. The earnings per share during this period were ₹9.40, representing a 123.8% increase from the previous quarter and an 80.8% rise from the same quarter last year.
Operating Metrics
The company's total expenses for Q3FY25 amounted to ₹2988.40 crores, showing an increase of 40.7% from Q2FY25 and 36.0% from Q3FY24. Despite the rise in expenses, the company's proportionate increase in income suggests cost efficiency in operations. The tax expenses for the quarter were ₹213.70 crores, which increased by 56.2% QoQ and 48.5% YoY. The significant rise in both profit before and after tax, along with the increase in earnings per share, indicates an effective operational strategy during the quarter. The financial data presents a robust quarter for Macrotech Developers Ltd, with strong growth in key financial metrics and a positive trend in operational efficiency.
