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Macrotech Developers Q4 PAT jumps 135% YoY to Rs 310 cr - Vimarsana News

Macrotech Developers Q4 PAT jumps 135% YoY to Rs 310 cr

The real estate developer reported 135.7% surge in consolidated net profit to Rs 310.55 crore in Q4 FY21 from Rs 131.74 crore recorded in Q4 FY20.Revenue from operations declined 20% year-on-year to Rs 2533.56 crore in Q4 FY21 from Rs 3169.62 crore in Q4 FY20. Profit before tax surged to Rs 554.50 crore in Q4 FY21 from Rs 51.49 crore in Q4 FY20. The net profit tumbled 94.48% to Rs 40.15 crore in the year ended March 2021 (FY21) compared with Rs 727.56 crore in the year ended March 2020 (FY20). Revenue from operations slipped 56.2% to Rs 5448.57 crore in FY21 over FY20. Shares of Macrotech Dev...

ipo: After bumper 2020, India's IPO mart in pause. Issues may come flooding soon - Vimarsana News

ipo: After bumper 2020, India's IPO mart in pause. Issues may come flooding soon

Last financial years most rewarding IPOs included Happiest Minds, Chemcon Speciality Chemicals, Route Mobile, Burger King, Mrs. Bectors Food, Indigo Paints, Mtar Technologies, which doubled investors wealth on the listing day. The average listing gains from the IPOs of 2020 stood at 61 per cent, best since 2007.

Macrotech Developers Q4 sales bookings up 72 pc at Rs 2,013 cr; cuts net debt by Rs 544 cr - Vimarsana News

Macrotech Developers Q4 sales bookings up 72 pc at Rs 2,013 cr; cuts net debt by Rs 544 cr

NEW DELHI, May 5: Realty major Macrotech Developers' sales bookings rose 72 per cent year-on-year to Rs 2,013 crore in the fourth quarter of the last

Market Wrap, April 20: Here's all that happened in the markets today - Vimarsana News

Market Wrap, April 20: Here's all that happened in the markets today

A sharp sell-off in the fag-end of the session engulfed markets on Tuesday as incidents of localised lockdowns increased in the country. The economically important state of Maharashtra tightened Covid-19-related curbs, allowing shops to stay open only between 7 AM and 11 AM, while eastern state of Jharkhand announced a complete lockdown for a week, starting Wednesday. Uttar Pradesh government has also announced weekend lockdown across the state. Given that India is grappling with a stronger second wave of Covid-19, Sameer Narang, chief economist at Bank of Baroda, believes that the governme...

Macrotech Developers shares tumble over 10 per cent in debut trade - Vimarsana News

Macrotech Developers shares tumble over 10 per cent in debut trade

Macrotech Developers shares tumble over 10 per cent in debut trade PTI New Delhi | Updated on April 19, 2021 × Stock lists at Rs 439, a 9.67 per cent decline on the issue price on BSE Shares of Macrotech Developers on Monday made a tepid market debut, listing with a discount of over 10 per cent from the issue price of Rs 486. The stock listed at Rs 439, registering a decline of 9.67 per cent from the issue price on BSE. It further tumbled 13.34 per cent to Rs 421.15. On NSE, it debuted at Rs 436, lower by 10.28 per cent from the issue price. The initial public offer of realty major Macro...