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Mahindra Lifespace Developers reports consolidated net profit of Rs 7 crore in Q2

26 Oct 2021 Evaluate

Mahindra Lifespace Developers has reported results for second quarter ended September 30, 2021.

The company has reported net loss of Rs 4.30 crore for the quarter under review against net profit to Rs 6.75 crore for the same quarter in the previous year. Total income of the company decreased by 17.96% at Rs 32.93 crore for Q2FY22 as compared Rs 40.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributable to owners of the parent at Rs 6.52 crore for the quarter under review against net loss of Rs 12.94 crore for the same quarter in the previous year. Total income of the company increased by 75.57% at Rs 65.70 crore for Q2FY22 as compared Rs 37.42 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.20
DLF 656.15
Oberoi Realty 1734.10
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