Mahindra Lifespace Q4 sale bookings decline 3% to Rs 1,055 crore

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Mahindra Lifespace Q4 sale bookings decline 3% to Rs 1,055 crore - Business Standard

Quick Summary:

Realty firm Mahindra Lifespaces Developers Ltd's sale bookings in the residential segment fell 3 per cent to Rs 1,055 crore in the latest March quarter, but the total pre-sales in the entire 2024-25 fiscal increased 20 per cent to Rs 2,804 crore.

The company's sale bookings stood at Rs 1,086 crore in the fourth quarter of 2023-24 and Rs 2,328 crore in the entire 2023-24 fiscal, according to an investors' presentation.

Total income rose marginally to Rs 55.44 crore in the January-March period of the last fiscal from Rs 54.60 crore in the corresponding period of the preceding year.