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Mahindra Lifespace Developers reports standalone net loss of Rs 28.44 crore in the March 2021 quarter

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Capital Market

Sales decline 18.62% to Rs 41.51 crore

Net Loss of Mahindra Lifespace Developers reported to Rs 28.44 crore in the quarter ended March 2021 as against net loss of Rs 253.28 crore during the previous quarter ended March 2020. Sales declined 18.62% to Rs 41.51 crore in the quarter ended March 2021 as against Rs 51.01 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 52.25 crore in the year ended March 2021 as against net loss of Rs 226.01 crore during the previous year ended March 2020. Sales declined 79.62% to Rs 89.64 crore in the year ended March 2021 as against Rs 439.88 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales41.5151.01 -19 89.64439.88 -80 OPM %-89.69-87.24 --118.36-14.60 - PBDT-35.93-18.03 -99 -63.0214.74 PL PBT-37.53-19.81 -89 -69.677.48 PL NP-28.44-253.28 89 -52.25-226.01 77

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First Published: May 13 2021 | 8:10 AM IST

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