Mahindra Lifespace Developers · NSE: MAHLIFE · BSE: 532313

Q3 FY24 results · Oct–Dec 2023

Mahindra Lifespace Developers reported revenue from operations of ₹81.99 crore (down 56.1% from Q3 FY23) and net profit of ₹50.02 crore (up 46.7% from Q3 FY23) for Q3 FY24 (Oct–Dec 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	81.99	186.90	−56.1%	17.77	+361.4%
Other income	6.78	11.24	−39.7%	7.93	−14.5%
Total income	88.77	198.14	−55.2%	25.70	+245.4%
Profit before share of associates & JVs and tax	(36.35)	27.08	Turned loss	(30.33)	Loss widened
Share of profit/(loss) of associates & JVs	75.44	5.65		0.57
Net profit for the period	50.02	34.10	+46.7%	(18.93)	Turned profit
Attributable to shareholders of the company	49.98	33.21	+50.5%	(18.95)	Turned profit
EPS, basic (₹)	3.23	2.15	+50.1%	(1.22)	Turned profit
Net margin (%)	61.0	18.2		-106.5

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	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	2.06	174.52	−98.8%	7.43	−72.3%
Other income	8.09	10.98	−26.3%	42.35	−80.9%
Total income	10.15	185.50	−94.5%	49.78	−79.6%
Profit before tax	(38.53)	56.75	Turned loss	2.05	Turned loss
Net profit for the period	(28.83)	59.93	Turned loss	1.52	Turned loss
EPS, basic (₹)	(1.86)	3.88	Turned loss	0.10	Turned loss
Net margin (%)	-1399.5	34.3		20.5

Consolidated

Filed with BSE: 03 Feb 2024, 15:07 IST
Board meeting: 02 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 03 Feb 2024, 15:07 IST
Board meeting: 02 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Unaudited
Source: XBRL filing on BSE