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 Q2FY24 of ₹18.00 Crores down from ₹70.00 Crore year on year, a fall of 74.29%.
- Total Expenses for Q2FY24 of ₹56.00 Crores down from ₹114.00 Crores year on year, a fall of 50.88%.
- Consolidated Net Profit of -₹19.00 Crores from -₹8.00 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹1.22, from -₹0.50 in the same quarter of the previous year.