Macrotech Developers Reports Strong Q4 Results, Highlights Improved Profitability and Sales Performance

Macrotech Developers has reported notable financial results for the quarter ending December 2024, showcasing a significant shift in its evaluation. The company's score has seen a revision, moving to a new level that reflects its recent performance.
Key highlights from the financial results indicate a robust operating profit to interest ratio, reaching its highest point in five quarters at 9.06 times, suggesting an enhanced capacity to manage interest obligations. The profit before tax, excluding other income, stood at Rs 1,094.90 crore, marking a substantial growth compared to the average of the previous four quarters. Similarly, profit after tax reached Rs 944.40 crore, also reflecting a strong upward trend.

Macrotech Developers achieved its highest net sales in five quarters at Rs 4,083.00 crore, indicating a positive trajectory in sales performance. The operating profit margin improved to 31.98%, showcasing enhanced operational efficiency. Additionally, the company has successfully reduced its debt-equity ratio to 0.44 times, indicating a strategic decrease in borrowing relative to equity.

However, it is important to note that interest expenses have increased, reflecting a rise in borrowing costs.

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