Mahindra Lifespace Developers reports consolidated net loss of Rs 27.24 crore in the March 2021 quarter

Sales decline 44.79% to Rs 55.99 crore

Net Loss of Mahindra Lifespace Developers reported to Rs 27.24 crore in the quarter ended March 2021 as against net loss of Rs 223.90 crore during the previous quarter ended March 2020. Sales declined 44.79% to Rs 55.99 crore in the quarter ended March 2021 as against Rs 101.42 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 71.74 crore in the year ended March 2021 as against net loss of Rs 193.41 crore during the previous year ended March 2020. Sales declined 72.79% to Rs 166.25 crore in the year ended March 2021 as against Rs 610.94 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales55.99101.42 -45 166.25610.94 -73 OPM %-66.24-99.63 --56.24-13.31 - PBDT-31.94-92.98 66 -70.79-53.94 -31 PBT-33.62-94.86 65 -77.78-61.65 -26 NP-27.24-223.90 88 -71.74-193.41 63

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