Mahindra Lifespace Developers net profit declines 46.23% in the June 2013 quarter

Sales decline 35.64% to Rs 67.02 crore

Net profit of Mahindra Lifespace Developers declined 46.23% to Rs 15.76 crore in the quarter ended June 2013 as against Rs 29.31 crore during the previous quarter ended June 2012. Sales declined 35.64% to Rs 67.02 crore in the quarter ended June 2013 as against Rs 104.13 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales67.02104.13 -36 OPM %13.8930.60 -55 PBDT22.2943.86 -49 PBT21.7643.43 -50 NP15.7629.31 -46

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