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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’s sales declined by -57.18 % over the year, decrease in net sales/revenue by -95.96 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 426.24 %. Marginal increase in other income during this quarter, up by 141%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mahindra Lifespace Developers Limited. Profit dropped by -25.99 % Year to Year, Mahindra Lifespace Developers Limited’s profitability dropped by -209.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -26.23 % Year to Year. EPS decreased by -209.76 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 17.77 Cr | Rs. 188.14 Cr | Rs. 7.61 Cr | -95.96 % | -57.18 % |
Expenses | Rs. 52.68 Cr | Rs. 229.72 Cr | Rs. 55.32 Cr | -75.92 % | + 5.01 % |
Operating Profit | Rs. -34.91 Cr | Rs. -41.58 Cr | Rs. -47.71 Cr | -14.74 % | -36.67 % |
OPM % | -196.45 % | -22.1 % | -626.94 % | -604.84 % | -430.49 % |
Other Income | Rs. 8.5 Cr | Rs. 18.56 Cr | Rs. 44.73 Cr | + 141 % | + 426.24 % |
Interest | Rs. 0.24 Cr | Rs. 6.02 Cr | Rs. 7.01 Cr | + 16.45 % | + 2820.83 % |
Depreciation | Rs. 3.11 Cr | Rs. 4.34 Cr | Rs. 4 Cr | -7.83 % | + 28.62 % |
Profit before tax | Rs. -29.76 Cr | Rs. -33.38 Cr | Rs. -13.99 Cr | + 58.09 % | + 52.99 % |
Tax % | -35.71 % | -28.94 % | -0.04 % | + 28.9 % | + 35.67 % |
Net Profit | Rs. -18.93 Cr | Rs. 12.74 Cr | Rs. -14.01 Cr | -209.97 % | + 25.99 % |
EPS in Rs | Rs. -1.22 | Rs. 0.82 | Rs. -0.9 | -209.76 % | + 26.23 % |
Today, we’re looking at Mahindra Lifespace Developers Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -57.18 %. However, it did see a marginal slip of -95.96 % from the previous quarter. Expenses decreased slightly by -75.92 % quarter-on-quarter, aligning with the annual rise of 5.01 %. Operating profit, while down -36.67 % compared to last year, faced a quarter-on-quarter dip of -14.74 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -430.49 %, but a shrinkage of -604.84 % sequentially. Other income rose by 141 % compared to the last quarter, despite an annual growth of 426.24 %. Interest expenses surged remarkably by 16.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 2820.83 %. Depreciation costs fell by -7.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.62 %. Profit before tax grew annually by 52.99 % but saw an increase from the preceding quarter by 58.09 %.
Tax expenses as a percentage of profits increased slightly by 35.67 % compared to last year, with a more notable quarter-on-quarter increase of 28.9 %. Net profit rose by 25.99 % year-on-year but witnessed a -209.97 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.23 % but a quarterly fall of -209.76 %. 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. 17.77 Cr | Rs. 188.14 Cr | Rs. 7.61 Cr | -95.96 % | -57.18 % |
Expenses | Rs. 52.68 Cr | Rs. 229.72 Cr | Rs. 55.32 Cr | -75.92 % | + 5.01 % |
Operating Profit | Rs. -34.91 Cr | Rs. -41.58 Cr | Rs. -47.71 Cr | -14.74 % | -36.67 % |
Net Profit | Rs. -18.93 Cr | Rs. 12.74 Cr | Rs. -14.01 Cr | -209.97 % | + 25.99 % |
EPS in Rs | Rs. -1.22 | Rs. 0.82 | Rs. -0.9 | -209.76 % | + 26.23 % |
In reviewing Mahindra Lifespace Developers Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -57.18 % year-on-year, although there was a slight dip of -95.96 % from the previous quarter. Expenses rose by 5.01 % compared to the previous year, with a decrease of -75.92 % quarter-on-quarter. Operating Profit dropped by -36.67 % annually, and saw a -14.74 % decrease from the last quarter.
Net Profit showed yearly increase of 25.99 %, and experienced a -209.97 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 26.23 % annually, however dipped by -209.76 % compared to the last quarter. In essence, while Mahindra Lifespace Developers Limited faces strong annual decline 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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