macrotech: Macrotech Developers aims to trim net debt to bel

macrotech: Macrotech Developers aims to trim net debt to below Rs 6,000 cr by March

Real estate firm Macrotech Developers plans to decrease its net debt to under Rs 6,000 crore by March next year, down from Rs 6,730 crore in September. Macrotech aims to align net debt with operating cash flow, projected to be Rs 6,000 crore in 2023-24. The company reported positive Q2 performance, reducing net debt by Rs 540 crore and achieving strong sales.

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