Mahindra Lifespace Q4 FY10 Results : Net surges 68.01%

by khalid on 28/04/2010 · 0 comments

Mahindra Lifespace Developers, a Mahindra Group company, is engaged in real estate development and construction. The company has achieved a significant rise in standalone profit and posted a net profit of Rs 23.69 crores in the Q4 FY10 of the current fiscal (FY10), ended in Mar 2010. The company had recorded a net profit of Rs 14.10 crores in the corresponding quarter Q4 FY09 of the last fiscal (FY09), ended in Mar 2009. This is an increase of 68.01%.

The company informed the market(BSE) that the net sales increased by 223% to Rs 100.96 crores in Q4 FY10 when compared with the same quarter Q4 FY09 of previous year. Net sales was Rs 31.22 crores in last year’s same quarter.

The company board has recommended a dividend of Rs 3.50 per share for the year ended 31st March 2010.

Share’s Data :-
BSE Code : 532313
ISIN Demat : INE813A01018
Market Cap : Rs 1985 Crores
P/E Ratio: 44.66
EPS (Rs): 11.36 in Mar 2009
Face Value : Rs 10
Last Dividend : 35% in Apr 2010
52 Week H/L : Rs 543.40 / 167.00
Mahindra Lifespace Developers Ltd. share’s CMP is Rs 486.65 on 27th Apr 2010.

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