Outcome of Board Meeting held on April 24, 2025
As filed · Macrotech Developers Limited has informed the Exchange regarding Outcome of Board Meeting held on April 24, 2025.
What happened
FactMacrotech Developers Limited has informed the Exchange regarding Outcome of Board Meeting held on April 24, 2025. M/s. MSKA & Associates, the Statutory Auditors, have issued audit report with unmodified opinion on. Recommendation of final dividend of ₹ 4.25, i.e., 42.50% per equity share of ₹ 10/- each of the.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
Revisednext few years will help achieve INR 15bn rental income target for FY31
Potential to generate INR ~3.5bn of rental income by FY31, to increase with addition of new projects
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- We expect to grow our annuity income by over 10x in the next six years to over ₹ 3,000 crore p.a. led by data (management committed by FY27)
- next few years will help achieve INR 15bn rental income target for FY31 (management committed by FY31)
Evidence
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%