Categories Earnings, Other Industries, Research Summary
Mahindra Lifespace Developers Limited Q3FY23 Earnings
Mahindra Lifespace Developers Ltd was started in the year 1999. It is primarily concerned with the development of commercial complexes, real estate, and residential facilities. Through its subsidiary companies, it is also concerned with a variety of infrastructure projects which include the development of Industrial Clusters and SEZs.
Financial Results:
In the year-ago period, the company’s net profit stood at INR 25.02 crore. For the quarter ending December, the company reported a consolidated net profit of INR 33.21 crore, which is a rise by 33%.
According to a regulatory filing, in the third quarter of the current financial year, the company’s income took a sharp increase to stand at INR 198.14 crore.
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