Market Performance
On Tuesday, July 8, Macrotech Developers' share price saw a slight uptick in early trading.
- At 9:15 AM, shares were trading at ₹1,387.1 on the NSE, marking a 0.7% increase.
Main News
Macrotech Developers Ltd, the parent company of Lodha, announced substantial operational numbers for the first quarter of FY26.
- The company recorded presales of ₹4,450 Crore in Q1FY26, reflecting a 10% year-on-year (YoY) growth.
- This growth occurred despite a two-week slowdown in activity earlier in the quarter, which was attributed to geopolitical tensions.
Company Details
Macrotech Developers demonstrated solid resilience and continued focus on expansion during the quarter.
Project Additions:
- Five new projects were added across key regions: MMR, Pune, and Bengaluru.
- These new projects have a Gross Development Value (GDV) of ₹22,700 Crore.
- This figure alone constitutes over 90% of the company's full-year GDV guidance of ₹25,000 Crore.
Collections:
- Collections for the quarter stood at ₹2,880 Crore, showing a 7% YoY growth.
- The company stated that collections were in line with its business plan.
Financial Snapshot
Although detailed financials like EBITDA and net profit were not provided in the report, the following key figures were highlighted:
Presales:
- ₹4,450 Crore in Q1FY26
- 10% YoY growth
Collections:
- ₹2,880 Crore in Q1FY26
- 7% YoY growth
New Projects:
- 5 new launches across MMR, Pune, and Bengaluru
- GDV of ₹22,700 crore
Summary of the Article
Macrotech Developers' share price edged higher following the announcement of a strong Q1 performance. The company achieved:
- ₹4,450 Crore in presales, up 10% YoY
- ₹2,880 Crore in collections, up 7% YoY
- Significant project additions with ₹22,700 Crore GDV
Despite early-quarter disruptions, the real estate major is progressing steadily with its growth roadmap. The market responded positively, with shares ticking up in early trade.
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