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Mahindra Lifespace Developers LimitedImportant, 13-05-2025: General Updates

13-05-2025 | 06:49 pm

Mahindra Lifespace Developers posted a profit of Rs. 51.35 Cr, reversing last year’s loss, led by revenue growth to Rs. 349.3 Cr and strong other income of Rs. 283.27 Cr from dividends. Inventory stood at Rs. 3794.9 Cr, supported by ongoing and completed projects. Net debt rose to Rs. 1147.6 Cr from Rs. 696.5 Cr due to increased borrowings for project funding. Auditors confirmed adequate internal controls. The board approved a final dividend of Rs. 2.80 per share.

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