Mahindra Lifespace Developers · NSE: MAHLIFE · BSE: 532313

Q1 FY24 results · Apr–Jun 2023

Mahindra Lifespace Developers reported revenue from operations of ₹98.04 crore (up 3.7% from Q1 FY23) and net loss of ₹4.27 crore for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	98.04	94.55	+3.7%	255.37	−61.6%
Other income	12.01	22.79	−47.3%	14.89	−19.3%
Total income	110.05	117.34	−6.2%	270.26	−59.3%
Profit before share of associates & JVs and tax	(38.29)	20.44	Turned loss	(18.94)	Loss widened
Share of profit/(loss) of associates & JVs	24.67	62.82		22.86
Net profit for the period	(4.27)	75.70	Turned loss	0.54	Turned loss
Attributable to shareholders of the company	(4.29)	75.41	Turned loss	0.53	Turned loss
EPS, basic (₹)	(0.28)	4.88	Turned loss	0.03	Turned loss
Net margin (%)	-4.4	80.1		0.2

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	6.65	10.65	−37.6%	249.79	−97.3%
Other income	12.80	61.52	−79.2%	68.94	−81.4%
Total income	19.45	72.17	−73.0%	318.73	−93.9%
Profit before tax	(15.06)	83.50	Turned loss	37.54	Turned loss
Net profit for the period	(5.49)	76.63	Turned loss	34.68	Turned loss
EPS, basic (₹)	(0.35)	4.96	Turned loss	2.24	Turned loss
Net margin (%)	-82.6	719.5		13.9

Consolidated

Filed with BSE: 26 Jul 2023, 16:25 IST
Board meeting: 26 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 26 Jul 2023, 16:25 IST
Board meeting: 26 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE