Mahindra Lifespace Developers standalone net profit declines 34.87% in the December 2014 quarter

Sales rise 45.45% to Rs 83.68 crore

Net profit of Mahindra Lifespace Developers declined 34.87% to Rs 10.85 crore in the quarter ended December 2014 as against Rs 16.66 crore during the previous quarter ended December 2013. Sales rose 45.45% to Rs 83.68 crore in the quarter ended December 2014 as against Rs 57.53 crore during the previous quarter ended December 2013. ParticularsQuarter EndedDec. 2014Dec. 2013% Var.Sales83.6857.53 45 OPM %-6.643.93 -PBDT14.4317.57 -18 PBT13.6716.98 -19 NP10.8516.66 -35

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