Macrotech Developers, popularly known for its Lodha brand, reported an 11% decline in consolidated net profit for the March quarter, with a profit of ₹665.5 crore. Nonetheless, the company’s net profit for the entire fiscal year 2022-23 witnessed a substantial threefold increase, reaching ₹1,549.1 crore. In the fourth quarter of 2022-23, Macrotech’s net profit was ₹744.4 crore, while for the entire fiscal, it stood at ₹486.7 crore.