MAHLIFE Q2 : CONS NET PROFIT DOWN 65.9% AT 16.34 CR (YOY), DOWN 80.9% (QOQ). WEAK (ON 1ST LOOK)

Revenue from operations up 84.6% at ₹32.42 Cr (YOY), down 96.6% (QOQ). Total income up 214.6% at ₹104.02 Cr (YOY), down 89.4% (QOQ). H1 PAT up 2.7% at ₹101.89 Cr (YOY). Caution: Q2 other income includes ₹25 Cr cost-to-completion reversal and ₹26.94 Cr profit on Ample Parks divestment.

Mahindra Lifespace Developers Ltd

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