Macrotech’s debt lightens on sales uptick
![](https://img.etimg.com/thumb/msid-85675329,width-1070,height-580/photo.jpg)
Struck by debt concerns in the past, the management wants to adopt an asset-light model for the future. It will be increasingly looking at doing joint-venture projects. After the IPO, it has already announced four JV projects, which should make up a fifth of the company’s operating profits.
via Economictimes
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