Mahindra Lifespace Developers Q1 results : profit at ₹12.72Cr, Revenue increased by 91.9% YoY

Mahindra Lifespace Developers Q1 Results Live : Mahindra Lifespace Developers declared their Q1 results on 24 Jul, 2024. The topline increased by 91.9% & the profit came at ₹12.72cr.

It is noteworthy that Mahindra Lifespace Developers had declared a loss of ₹4.29cr in the previous fiscal year during the same period.

As compared to the previous quarter, the revenue grew by 1216.59%.

The Selling, general & administrative expenses rose by 53.77% q-o-q & increased by 30.62% Y-o-Y.

The operating income was up by 20.72% q-o-q & increased by 0.37% Y-o-Y.

The EPS is ₹0.82 for Q1, which increased by 392.86% Y-o-Y.

Mahindra Lifespace Developers has delivered -0.64% return in the last 1 week, 8.84% return in the last 6 months, and 11.37% YTD return.

Currently, Mahindra Lifespace Developers has a market cap of ₹9383.64 Cr and 52wk high/low of ₹678.8 & ₹475 respectively.

As of 26 Jul, 2024, out of 6 analysts covering the company, 2 analysts have given a Hold rating, 1 analyst has given a Buy rating, and 3 analysts have given a Strong Buy rating.

The consensus recommendation as of 26 Jul, 2024, was to Buy.