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Mahindra Lifespace Developers : Q1 2024 Financial Quarterly Report : YoY Sales Up 91.9 %, QoQ Up 1216.59 %

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 91.9 % in the past year, substantial increase in net sales/revenue by 1216.59 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -49.4 %, Marginal decrease of -84.42% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Mahindra Lifespace Developers Limited. Profit dropped by -398.36 % Year to Year, Mahindra Lifespace Developers Limited’s profitability dropped by -82.18 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -392.86 % Year to Year. EPS decreased by -82.25 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Mahindra Lifespace Developers Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 98.04 Cr Rs. 14.29 Cr Rs. 188.14 Cr + 1216.59 % + 91.9 %
Expenses Rs. 141.15 Cr Rs. 68.39 Cr Rs. 229.72 Cr + 235.9 % + 62.75 %
Operating Profit Rs. -43.11 Cr Rs. -54.1 Cr Rs. -41.58 Cr + 23.14 % + 3.55 %
OPM % -43.97 % -378.59 % -22.1 % + 356.49 % + 21.87 %
Other Income Rs. 36.68 Cr Rs. 119.11 Cr Rs. 18.56 Cr -84.42 % -49.4 %
Interest Rs. 4.21 Cr Rs. 2.61 Cr Rs. 6.02 Cr + 130.65 % + 42.99 %
Depreciation Rs. 2.98 Cr Rs. 3.82 Cr Rs. 4.34 Cr + 13.61 % + 45.64 %
Profit before tax Rs. -13.62 Cr Rs. 58.58 Cr Rs. -33.38 Cr -156.98 % -145.08 %
Tax % -24.42 % -63.8 % -28.94 % + 34.86 % -4.52 %
Net Profit Rs. -4.27 Cr Rs. 71.48 Cr Rs. 12.74 Cr -82.18 % + 398.36 %
EPS in Rs Rs. -0.28 Rs. 4.61 Rs. 0.82 -82.21 % + 392.86 %


Today, we’re looking at Mahindra Lifespace Developers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 91.9 %. However, it did see a marginal increase of 1216.59 % from the previous quarter. Expenses ticked up slightly by 235.9 % quarter-on-quarter, aligning with the annual rise of 62.75 %. Operating profit, while up 3.55 % compared to last year, faced a quarter-on-quarter increase of 23.14 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 21.87 %, but an expansion of 356.49 % sequentially. Other income fell by -84.42 % compared to the last quarter, despite an annual decline of -49.4 %. Interest expenses surged remarkably by 130.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.99 %. Depreciation costs climbed by 13.61 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 45.64 %. Profit before tax declined annually by -145.08 % but saw a reduction from the preceding quarter by -156.98 %.
Tax expenses as a percentage of profits decreased slightly by -4.52 % compared to last year, with a more notable quarter-on-quarter increase of 34.86 %. Net profit rose by 398.36 % year-on-year but witnessed a -82.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 392.86 % but a quarterly fall of -82.21 %. In summary, Mahindra Lifespace Developers Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 98.04 Cr Rs. 14.29 Cr Rs. 188.14 Cr + 1216.59 % + 91.9 %
Expenses Rs. 141.15 Cr Rs. 68.39 Cr Rs. 229.72 Cr + 235.9 % + 62.75 %
Operating Profit Rs. -43.11 Cr Rs. -54.1 Cr Rs. -41.58 Cr + 23.14 % + 3.55 %
Net Profit Rs. -4.27 Cr Rs. 71.48 Cr Rs. 12.74 Cr -82.18 % + 398.36 %
EPS in Rs Rs. -0.28 Rs. 4.61 Rs. 0.82 -82.21 % + 392.86 %


In reviewing Mahindra Lifespace Developers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 91.9 % year-on-year growth, however, there was a minor increase of 1216.59 % from the previous quarter. Expenses rose by 62.75 % compared to the previous year, with a 235.9 % increase quarter-on-quarter. Operating Profit surged by 3.55 % annually, and saw a 23.14 % increase from the last quarter.
Net Profit showed yearly increase of 398.36 %, and experienced a -82.18 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 392.86 % annually, however dipped by -82.21 % compared to the last quarter. In essence, while Mahindra Lifespace Developers Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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