Mahindra Lifespaces’ reports consolidated net profit at Rs. 47.8 cr Q4FY18
Mahindra Lifespace Developers (MLDL) has reported consolidated profit after tax (PAT) at Rs 47.8 crore in Q4 FY18 compared to Rs 17.4 crore in Q4 FY17.The company’s consolidated total income was Rs 180.6 crore for Q4 FY18 as against Rs 342.5 crore in Q4 FY17.
Mahindra Lifespaces consolidated income for the financial year 2017-18 stood at Rs 644.1 crore compared to Rs. 831.0 crores in FY17.
The board of directors have recommended a dividend of 60 per cent for the year.