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.