Mahindra Lifespace Developers net profit rises 5.34% in Q4

27 Apr 2012

Mahindra Lifespace Developers has reported results for fourth quarter ended March 31, 2012.

On the standalone basis, the company has posted a rise of 5.34% in its net profit at Rs 32.12 crore for the quarter ended March 31, 2012 as compared to Rs 30.49 crore for the same quarter in the previous year. However total income has decreased by 12.42% at Rs 108.82 crore for quarter under review as compared to Rs 124.25 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, on the consolidated basis, the company has posted a rise of 10.09% in its net profit at Rs 119.08 crore for the year ended March 31, 2012 as compared to Rs 108.17 crore for the same period in the previous year. Total income has increased by 14.60% at Rs701.27 crore for year under review as compared to Rs 611.93 crore for the period ended March 31, 2011.

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