ICICI Securities Ltd | Retail Equity Research Mahindra Lifespace Developers (MLD) recorded better sales volume growth at 12% YoY to 0.35 msf valued at | 215 crore Standalone net sales declined 16.1% YoY to | 121.4 crore but was better than our expectation of | 79.2 crore EBITDA margins contracted 405 bps YoY to 7.1%, lower than our estimate of 11.4% due to higher employee costs PAT grew 16.8% YoY to | 15.4 crore (better than our expectation of...