Revenue from operations also grew 23% from a year ago to Rs 4,020 crore and the real-estate developer also recorded its best-ever quarterly and annual pre-sales performance.
Hemang Jani discusses the metal sector's potential for a 10-15% move, Vodafone FPO's impact on the telecom sector, and the positive outlook on real estate stocks like Macrotech and Oberoi amidst strong performance in the realty pack.
Macrotech Developers' net consolidated total income stood at Rs 4,083.90 crore, a growth of 24.83 per cent from Rs 3,271.70 crore it recorded in the similar quarter last year.
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Rajiv Jain's GQG empire in India has expanded to $11 billion, diversifying beyond Adani stocks to include stocks from various sectors like energy, banks, real estate. The portfolio now comprises a wide range of stocks.
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