Mindspace Business Parks REIT standalone net profit declines 4.24% in the March 2022 quarter

Sales rise 0.03% to Rs 303.70 crore

Net profit of Mindspace Business Parks REIT declined 4.24% to Rs 275.20 crore in the quarter ended March 2022 as against Rs 287.40 crore during the previous quarter ended March 2021. Sales rose 0.03% to Rs 303.70 crore in the quarter ended March 2022 as against Rs 303.60 crore during the previous quarter ended March 2021.

For the full year,net profit rose 89.06% to Rs 1103.00 crore in the year ended March 2022 as against Rs 583.40 crore during the previous year ended March 2021. Sales rose 95.89% to Rs 1201.40 crore in the year ended March 2022 as against Rs 613.30 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales303.70303.60 0 1201.40613.30 96 OPM %99.0898.85 -98.9898.76 - PBDT275.50287.70 -4 1103.60583.90 89 PBT275.50287.70 -4 1103.60583.90 89 NP275.20287.40 -4 1103.00583.40 89

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