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Mahindra Lifespace Developers consolidated net profit declines 76.40% in the December 2015 quarter

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Capital Market

Sales decline 7.73% to Rs 220.31 crore

Net profit of Mahindra Lifespace Developers declined 76.40% to Rs 7.74 crore in the quarter ended December 2015 as against Rs 32.80 crore during the previous quarter ended December 2014. Sales declined 7.73% to Rs 220.31 crore in the quarter ended December 2015 as against Rs 238.76 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales220.31238.76 -8 OPM %17.0928.04 -PBDT33.7864.93 -48 PBT28.7761.41 -53 NP7.7432.80 -76

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First Published: Jan 29 2016 | 8:25 AM IST

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