Lodha Developers Limited — Others, 25-01-2025: Change in Director(s)

Macrotech Developers Limited has announced a board meeting regarding the approval of its financial results for the quarter and nine months ended December 31, 2024. Key highlights include a consolidated total income of ₹97.49 billion compared to ₹63.86 billion in the previous year, along with a net profit of ₹18.44 billion, up from ₹8.87 billion. The Board has also appointed Mr. Sushil Kumar Modi as Whole-Time Director and Mr. Sanjay Chauhan as Chief Financial Officer, with both appointments effective January 25, 2025. This strategic leadership adjustment could enhance the company’s operational growth and financial stability, potentially fostering a positive outlook among investors.