On April 22, 2023 Real estate developer Macrotech Developers Ltd (Lodha) reported a 39% jump in its consolidated net profit at Rs 744 crore for the quarter ended March 31, 2023 (Q4FY23). The builder announced the issue of bonus shares to the shareholders in the ratio of 1:1. However, its consolidated revenue fell 5.5% to Rs 3,255 crore as compared to Rs 3,445 crore in Q4FY22. The company's debt stood at...
