Sales decline 50.52% to Rs 161.80 crore
Net profit of Mahindra Lifespace Developers rose 145.27% to Rs 47.73 crore in the quarter ended March 2018 as against Rs 19.46 crore during the previous quarter ended March 2017. Sales declined 50.52% to Rs 161.80 crore in the quarter ended March 2018 as against Rs 327.02 crore during the previous quarter ended March 2017.For the full year,net profit declined 2.39% to Rs 103.36 crore in the year ended March 2018 as against Rs 105.89 crore during the previous year ended March 2017. Sales declined 25.71% to Rs 566.19 crore in the year ended March 2018 as against Rs 762.15 crore during the previous year ended March 2017.
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