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Mahindra Lifespace Developers consolidated net profit declines 26.26% in the December 2017 quarter

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Capital Market

Sales decline 21.00% to Rs 168.34 crore

Net profit of Mahindra Lifespace Developers declined 26.26% to Rs 25.97 crore in the quarter ended December 2017 as against Rs 35.22 crore during the previous quarter ended December 2016. Sales declined 21.00% to Rs 168.34 crore in the quarter ended December 2017 as against Rs 213.08 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales168.34213.08 -21 OPM %12.356.92 -PBDT37.4046.33 -19 PBT36.3445.18 -20 NP25.9735.22 -26

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First Published: Jan 30 2018 | 3:20 PM IST

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