Mahindra Lifespace Developers · NSE: MAHLIFE · BSE: 532313

Q4 FY24 results · Jan–Mar 2024

Mahindra Lifespace Developers reported revenue from operations of ₹14.29 crore (down 94.4% from Q4 FY23) and net profit of ₹71.48 crore (up 13137.0% from Q4 FY23) for Q4 FY24 (Jan–Mar 2024), on a consolidated basis.

Consolidated · ₹ crore
Item	Q4 FY24	Q4 FY23	YoY	Q3 FY24	QoQ
Revenue from operations	14.29	255.37	−94.4%	81.99	−82.6%
Other income	40.31	14.89	+170.7%	6.78	+494.5%
Total income	54.60	270.26	−79.8%	88.77	−38.5%
Profit before share of associates & JVs and tax	(20.22)	(18.94)	Loss widened	(36.35)	Loss narrowed
Share of profit/(loss) of associates & JVs	78.80	22.86		75.44
Net profit for the period	71.48	0.54	132x	50.02	+42.9%
Attributable to shareholders of the company	71.50	0.53	135x	49.98	+43.1%
EPS, basic (₹)	4.62	0.03	154x	3.23	+43.2%
Net margin (%)	500.2	0.2		61.0

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	Q4 FY24	Q4 FY23	YoY	Q3 FY24	QoQ
Revenue from operations	2.55	249.79	−99.0%	2.06	+23.8%
Other income	41.50	68.94	−39.8%	8.09	+413.0%
Total income	44.05	318.73	−86.2%	10.15	+334.0%
Profit before tax	(18.57)	37.54	Turned loss	(38.53)	Loss narrowed
Net profit for the period	(6.02)	34.68	Turned loss	(28.83)	Loss narrowed
EPS, basic (₹)	(0.39)	2.24	Turned loss	(1.86)	Loss narrowed
Net margin (%)	-236.1	13.9		-1399.5

Consolidated

Filed with BSE: 29 Apr 2024, 10:45 IST
Board meeting: 26 Apr 2024
Period: 01 Jan 2024 to 31 Mar 2024
Review status: Audited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 29 Apr 2024, 10:45 IST
Board meeting: 26 Apr 2024
Period: 01 Jan 2024 to 31 Mar 2024
Review status: Audited
Source: XBRL filing on BSE