Macrotech Developers net debt rises 14% in Sep quarter to Rs 4,920 cr due to biz expansion

Macrotech Developers' net debt increased by 14% to Rs 4,920 crore in Q2 FY2024 to fund land acquisition and construction. Despite this, the company posted record sales bookings of Rs 4,290 crore, a 21% rise from the previous year, driven by robust housing demand.
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