Macrotech Developers aims to generate surplus cash in Q4, reduce debt by 11pc: MD Abhishek Lodha
Realty firm Macrotech Developers Ltd, which markets its properties under the Lodha brand, is focusing on generating surplus cash flow and reducing debt by at least 11% this quarter to Rs 6,000 crore. The company's MD and CEO, Abhishek Lodha, expressed confidence in achieving sales bookings guidance of Rs 14,500 crore for this fiscal year, thanks to a strong launch pipeline in the current January-March quarter.
Source: indiatimes.com