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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Transcript of Earnings Conference Call for the quarter ended June 30, 2023.
02-08-2023

Buy Mahindra Lifespaces; target of Rs 575: Motilal Oswal

Motilal Oswal is bullish on Mahindra Lifespaces recommended buy rating on the stock with a target price of Rs 575 in its research report dated July 27, 2023.
31-07-2023
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Recording of Earnings Conference Call held today on unaudited standalone and consolidated Financial results for 1st quarter ended on June 30, 2023.
27-07-2023
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Voting Results (remote e-voting & e-voting at the 24th Annual General Meeting) of the business transacted at the 24th Annual General Meeting of the Company held on Wednesday, 26th July, 2023 at 04:00 p.m. (IST) through audio/ video conferencing in the prescribed format as required under Regulation 44(3) of SEBI LODR together with the Scrutiniser''s Report.
26-07-2023
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Shareholder Meeting / Postal Ballot-Outcome of AGM

Proceedings of the 24th Annual General Meeting of the Company held on 26th July, 2023
26-07-2023

Mahindra Lifespace reports loss of Rs 4.3 crore in Q1

The company said it leased 3 acres of industrial parks for Rs 14 crore.
26-07-2023
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation for the 1st quarter ended on June 30, 2023
26-07-2023
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Q1FY24 Quarterly Result Announced for Mahindra Lifespace Developers Ltd.

Realty company Mahindra Lifespace Developers announced Q1FY24 results: Consolidated total income stood at Rs 110.1 crore as against Rs 270.3 crore in Q4FY23 and Rs 117.3 crore in Q1FY23 The consolidated PAT, after non-controlling interest, stood at a loss of Rs 4.3 crore as against a profit of Rs 0.5 crore in Q4FY23 and a profit of Rs 75.4 crore in Q1FY23 Achieved Q1FY24 sales of Rs 345 crore (saleable area - 0.42 msft, RERA carpet area - 0.28 msft) in residential business Launched 0.37 msft of saleable area (RERA carpet area — 0.37 msft); Lakefront Estates a plotted development at Chennai Collections at Rs 276 crore in residential business Achieved land leasing of 3 acres in the industrial parks business for Rs 14 crore Commenting on the performance, Amit Sinha, Managing Director & CEO, Mahindra Lifespace Developers, said, "Our residential business has delivered a pre-sales of Rs 345 crore. We are optimistic about the launches lined up in upcoming quarters. We are gearing up for a 5X growth in our business over the next 5 years We have a strong commitment from Mahindra Group to support this aspiration. We have built a strong Business Development and launch pipeline, which gives us multiyear benefits. We have also made good progress on our Thane land parcel basis with the new IITT policy which gives us a higher FS1 and favourable residential sales mix. Our industrial leasing pipeline for the balance of the year is looking strong primarily driven by multiple initiatives by Central and State governments and we expect to deliver robust performance in the coming quarters." Result PDF
26-07-2023
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MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of 16,666 equity shares pursuant to Employee Stock Option Scheme of the Company
26-07-2023
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