Bengaluru, April 24 -- Macrotech Developers Ltd, which operates under the 'Lodha' brand name, on Thursday projected a 20% percent jump in pre-sales for the ongoing fiscal year after exceeding its targets in FY25.

The Mumbai-based real estate developers aims to book Rs.21,000 crore in pre-sales for 2025-26, versus Rs.17,500 crore last fiscal.

The developer surpassed its pre-sales projections for FY25, clocking Rs.17,630 crore. Pre-sales, or bookings, are a leading indicator of future cash flows and earnings.

Macrotech reported a 38.3% year-on-year jump in net profit to Rs.922.8 crore for the January-March quarter, according to a stock exchange filing late Thursday evening. Revenue rose 5% to Rs.4,224.3 crore during the period.

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