Mahindra Lifespace Developers · NSE: MAHLIFE · BSE: 532313

Q2 FY24 results · Jul–Sep 2023

Mahindra Lifespace Developers reported revenue from operations of ₹17.77 crore (down 74.5% from Q2 FY23) and net loss of ₹18.93 crore for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Revenue from operations17.7769.79−74.5%98.04−81.9%
Other income7.934.03+96.8%12.01−34.0%
Total income25.7073.82−65.2%110.05−76.6%
Profit before share of associates & JVs and tax(30.33)(41.05)Loss narrowed(38.29)Loss narrowed
Share of profit/(loss) of associates & JVs0.5726.8024.67
Net profit for the period(18.93)(7.51)Loss widened(4.27)Loss widened
Attributable to shareholders of the company(18.95)(7.74)Loss widened(4.29)Loss widened
EPS, basic (₹)(1.22)(0.50)Loss widened(0.28)Loss widened
Net margin (%)-106.5-10.8-4.4

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
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Revenue from operations7.4336.95−79.9%6.65+11.7%
Other income42.3514.77+186.7%12.80+230.9%
Total income49.7851.72−3.8%19.45+155.9%
Profit before tax2.05(27.23)Turned profit(15.06)Turned profit
Net profit for the period1.52(19.99)Turned profit(5.49)Turned profit
EPS, basic (₹)0.10(1.29)Turned profit(0.35)Turned profit
Net margin (%)20.5-54.1-82.6
Consolidated
Filed with BSE
28 Oct 2023, 18:34 IST
Board meeting
27 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
28 Oct 2023, 18:34 IST
Board meeting
27 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE