Realty firm Mahindra Lifespace Developers announced Q3FY23 results: Consolidated Q3FY23: The total income stood at Rs 198.1 crore as against Rs 73.8 crore in Q2FY23 and Rs 33.3 crore in Q3FY22. The PAT, after non-controlling interest, stood at a profit of Rs 33.2 crore as against a loss of Rs 7.7 crore in Q2FY23 and a profit of Rs 25.0 crore in Q3FY22. Consolidated 9MFY23: The total income stood at Rs 389.3 crore as against Rs 253.2 crore in 9MFY22. The PAT, after non-controlling interest, stood at a profit of Rs 100.9 crore as against a profit of Rs 17.7 crore in 9MFY22. Commenting on the performance, Mr. Arvind Subramanian, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “We had four residential launches this quarter – one each in Mumbai, Pune, Bengaluru and Chennai. Mahindra Citadel in Pimpri, Pune, was launched within seven months of acquiring the land. Residential presales continues to be strong at Rs 451 crore for the quarter taking us to Rs 1,452 crore for the nine-month period. We foresee continued strength in residential demand ahead. Our industrial leasing clocked Rs 69 crore for the quarter and Rs 255 crore for nine months, underlining the rebound of manufacturing investments in the country.” Result PDF