Macrotech Developers consolidated net profit rises 135.72% in the March 2021 quarter

Sales decline 20.07% to Rs 2533.56 crore

Net profit of Macrotech Developers rose 135.72% to Rs 310.56 crore in the quarter ended March 2021 as against Rs 131.75 crore during the previous quarter ended March 2020. Sales declined 20.07% to Rs 2533.56 crore in the quarter ended March 2021 as against Rs 3169.63 crore during the previous quarter ended March 2020.

For the full year,net profit declined 94.48% to Rs 40.16 crore in the year ended March 2021 as against Rs 727.56 crore during the previous year ended March 2020. Sales declined 56.21% to Rs 5448.57 crore in the year ended March 2021 as against Rs 12442.59 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2533.563169.63 -20 5448.5712442.59 -56 OPM %31.918.18 -25.1815.33 - PBDT571.50141.52 304 569.331295.26 -56 PBT554.5051.34 980 495.911002.86 -51 NP310.56131.75 136 40.16727.56 -94

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