Realty developer M3M reduced debt by Rs 2,473 crore

Realty developer M3M group has repaid Rs 2,473 crore of debt by August 31, 2024, reducing its outstanding debt to Rs 1,302 crore. This significant reduction improves the group's financial flexibility. Boosted by a 37% sales increase in Q1FY25, M3M is on track for future growth, focusing on robust project deliveries and efficient cost management.