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Mahindra Lifespace Dev. Q4FY23 Earnings

Mahindra Lifespace Developers Ltd. was established in 1999 and specialises in the construction of commercial and residential buildings. Through its subsidiary companies, it also works on a variety of infrastructure projects, such as the creation of SEZs and industrial clusters.


Financial Results:

  • Mahindra Lifespace Developers Ltd. reported Total Income for Q4FY23 of ₹ 270.3 Crores up from ₹ 155 Crore year on year, a rise of 74%.
  • Total Expenses for Q4FY23 of ₹ 289.2 Crores up from ₹ 201.22 Crores year on year, a rise of 44%.
  • Consolidated Net Profit of ₹ 0.5 Crores, down 99.6% from ₹ 136.8 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 0.03, down 99.6% from ₹ 8.88 in the same quarter of the previous year.
Categories: Earnings Realty
Tags: construction
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