Mahindra Lifespace Developers' (MLD) Q3FY18 results were strong on the topline & sales volume front while weak on bottomline front MLD recorded sales of 0.25 msf in Q3FY18 worth | 156 crore due to strong sales at Windchimes Phase 2 worth | 60 crore EBITDA margins expanded 330 bps YoY to 11.1% (our expectation: 10.8%) mainly on account of lower project costs as a percentage of sales (71.0% in Q3FY18 vs. 77.2% in Q3FY17) Standalone PAT de-grew 16.6% YoY to | 13.2 crore (our expectation:...