Mahindra Lifespace Developers reports consolidated net profit of Rs 136.82 crore in the March 2022 quarter

Sales rise 188.91% to Rs 161.76 crore

Net profit of Mahindra Lifespace Developers reported to Rs 136.82 crore in the quarter ended March 2022 as against net loss of Rs 27.24 crore during the previous quarter ended March 2021. Sales rose 188.91% to Rs 161.76 crore in the quarter ended March 2022 as against Rs 55.99 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 154.49 crore in the year ended March 2022 as against net loss of Rs 71.74 crore during the previous year ended March 2021. Sales rose 136.72% to Rs 393.55 crore in the year ended March 2022 as against Rs 166.25 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales161.7655.99 189 393.55166.25 137 OPM %-22.06-66.24 --22.74-56.24 - PBDT-16.64-31.94 48 8.95-70.79 LP PBT-18.89-33.62 44 2.44-77.78 LP NP136.82-27.24 LP 154.49-71.74 LP

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