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...