Realty company Mahindra Lifespace Developers announced FY23 & Q4FY23 results: Consolidated FY23: Total income stood at Rs 659.56 crore in FY23 as against Rs 408.24 crore in FY22 The consolidated PAT, after non-controlling interest, stood at a profit of Rs 101.41 crore in FY23 vs Rs 154.76 crore in FY22 Consolidated Q4FY23: Total income stood at Rs 270.26 crore in Q4FY23 as against Rs 198.14 crore in Q3FY23 and Rs 155.02 crore in Q4FY22 PAT after non-controlling interest, stood at a profit of Rs 0.54 crore in Q4FY23 as against a profit of Rs 33.21 crore in Q3FY23 and a profit of Rs 136.82 crore in Q4FY22 Commenting on the performance, Arvind Subramanian, Managing Director & CEO, Mahindra Lifespace Developers, said, "Our business clocked record residential pre-sales of Rs 1,812 crore and industrial land leasing of Rs 456 crore. We are witnessing strong housing demand in the segments and cities we serve and foresee this will sustain for the next few years. Our industrial leasing has accelerated with strong tailwinds in overall manufacturing investment and growth sentiment in the country. Over the past thirteen months, we have also added Rs 4,050 crore of Gross Development Value to our residential land portfolio, including our first forays into society redevelopment, and continue to pursue several attractive acquisition opportunities that set the Company up well for growth." Result PDF