Macrotech Developers aims to cut debt by nearly 40 pc in 2023 to around Rs 5,000 cr, says MD Abhishek Lodha

“We are hoping to reduce debt further by Rs 1,000 crore by end of this fiscal year to about Rs 7000 crore,” Lodha said.The company plans to cut debt by Rs 500-800 crore every quarter.”We will hope to be close to Rs 5,000 crore of net debt sometime by end of this calendar year,” Lodha said.