Mahindra Lifespace Developers standalone net profit rises 34.21% in the June 2016 quarter

Sales decline 15.02% to Rs 88.86 crore

Net profit of Mahindra Lifespace Developers rose 34.21% to Rs 15.30 crore in the quarter ended June 2016 as against Rs 11.40 crore during the previous quarter ended June 2015. Sales declined 15.02% to Rs 88.86 crore in the quarter ended June 2016 as against Rs 104.56 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales88.86104.56 -15 OPM %13.995.75 -PBDT22.1818.47 20 PBT21.1117.47 21 NP15.3011.40 34

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