New Delhi, Jan 25 (PTI) Realty firm Macrotech Developers on Tuesday reported a 24 per cent increase in its consolidated net profit to Rs 286.38 crore for the quarter ended December on higher sales.

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Its net profit stood at Rs 231.71 crore in the year-ago period, according to a regulatory filing.

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Total income increased to Rs 2,148.74 crore during the October-December quarter of this fiscal year as against Rs 1,599.77 crore in the corresponding period of the previous year.

Mumbai-based Realty firm Macrotech Developers market its properties under the Lodha brand.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)