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Mahindra Lifespace Developers consolidated net profit declines 91.21% in the December 2019 quarter

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Capital Market

Sales decline 36.64% to Rs 78.83 crore

Net profit of Mahindra Lifespace Developers declined 91.21% to Rs 1.81 crore in the quarter ended December 2019 as against Rs 20.58 crore during the previous quarter ended December 2018. Sales declined 36.64% to Rs 78.83 crore in the quarter ended December 2019 as against Rs 124.41 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales78.83124.41 -37 OPM %-29.112.81 -PBDT4.2622.94 -81 PBT2.3221.93 -89 NP1.8120.58 -91

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First Published: Jan 27 2020 | 3:17 PM IST

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