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Mahindra Lifespace Developers Ltd Q1FY24; 4% rise in Revenue

Mahindra Lifespace Developers Ltd was incorporated in 1999, it is engaged in the business of development of the real estate, residential facilities, commercial complexes and through its subsidiary companies is involved in various infrastructure projects including the development of SEZs and Industrial Clusters.

Financial Results:

Mahindra Lifespace Developers Ltd reported Revenues for Q1FY24 of ₹98.04 Crores up from ₹94.55 Crore year on year, a rise of 3.69%.

Total Expenses for Q1FY24 of ₹148.34 Crores up from ₹130.72 Crores year on year, a rise of 13.48%.

Consolidated Net Profit of -₹4.27 Crores from ₹75.70 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.28, from ₹4.88 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Realty
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