Macrotech Developers plans to reduce debt below Rs 10,000 crore by FY22 end
Mon, May 17, 2021 2:14 PM

Macrotech Developers plans to reduce debt below Rs 10,000 crore by FY22 end

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Macrotech Developers plans to reduce debt figure below Rs 10,000 cr by the end of FY22, Abhishek Lodha, MD & CEO opined. The company reported the first set of quarterly results post IPO and it’s been a decent showing. The revenue and margins look good but profit after tax is low. "We have made a strong and concerted focus towards becoming a net cash positive company by FY24," Abhishek Lodha said.

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