How were the Macrotech Q4 numbers?
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Answer
Answer
Macrotech Developers (formerly Lodha) reported 72% higher net profits at Rs.538.02 crore in Q4. Revenues were up 36% at Rs.3516.41 crore even as debt fell to Rs.9,300 crore. Pre-sales in FY22 were at a record Rs.9,024. It signed 11 JDAs with gross value Rs.15,000 crore. Sales in London projects helped Macrotech pre-pay $170 million dollar bonds.