Mahindra Lifespace Developers Q1 profit rises 67% YoY to Rs 86 crore

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Mahindra Lifespace Developers reported Q1 net profit of Rs 86 crore, up 67% YoY from Rs 51.26 crore. Total income zoomed to Rs 977.54 crore from Rs 40.61 crore in the year-ago period. MD and CEO Amit Kumar Sinha said the company began FY27 on a strong footing with robust pre-sales growth and healthy profitability.