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Mahindra Lifespace Developers consolidated net profit declines 61.69% in the September 2019 quarter

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Capital Market

Sales rise 304.58% to Rs 324.47 crore

Net profit of Mahindra Lifespace Developers declined 61.69% to Rs 15.77 crore in the quarter ended September 2019 as against Rs 41.16 crore during the previous quarter ended September 2018. Sales rose 304.58% to Rs 324.47 crore in the quarter ended September 2019 as against Rs 80.20 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales324.4780.20 305 OPM %4.39-2.54 -PBDT17.6249.13 -64 PBT15.7148.15 -67 NP15.7741.16 -62

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First Published: Oct 22 2019 | 1:50 PM IST

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