Mahindra Lifespace Developers Ltd Q3FY24; 47% rise in Profits

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 Q3FY24 of ₹82.00 Crores down from ₹187.00 Crore year on year, a fall of 56.15%.

Total Expenses for Q3FY24 of ₹125.00 Crores down from ₹204.00 Crores year on year, a fall of 38.73%.

Consolidated Net Profit of ₹50.00 Crores up 47.06% from ₹34.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.23, up 50.23% from ₹2.15 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.