Mahindra Lifespaces Q4 FY24 Net Profit: Rs.714.8 Mn

03 May 2024 CW Team

Mahindra Lifespaces, a leading real estate developer, has announced a strong net profit of ?714.8 million for the fourth quarter of fiscal year 2024. This impressive financial performance underscores the company's resilience and strategic initiatives in navigating the challenges of the real estate market.

The robust net profit reported by Mahindra Lifespaces reflects the effectiveness of its business strategies, including prudent cost management, efficient project execution, and focus on customer-centric offerings. Despite the complexities and uncertainties in the real estate sector, the company has demonstrated its ability to deliver value to stakeholders.

Mahindra Lifespaces' solid financial results for the fourth quarter of FY24 are a testament to its commitment to sustainable growth and value creation. The company's emphasis on innovation, sustainability, and customer satisfaction has enabled it to maintain its competitive edge and achieve positive outcomes even in a challenging business environment.

The strong performance in the fourth quarter further strengthens Mahindra Lifespaces' position as a trusted player in the real estate industry. With a diversified portfolio of residential, commercial, and integrated urban development projects, the company is well-positioned to capitalise on emerging opportunities and drive long-term value for its customers and investors.

Overall, Mahindra Lifespaces' robust net profit in Q4 FY24 reflects its resilience, strategic foresight, and commitment to excellence in the real estate sector. As the company continues to focus on innovation and customer-centricity, it remains poised for sustained growth and success in the dynamic real estate market.

Resources

16 Sep 2025

IGBC Pune’s Green Sabha Guides Industry on Low-Carbon Growth Choices

Pune, 15 September 2025: The Confederation of Indian Industry’s IGBC Pune Chapter, successfully hosted the Green Sabha at PYC Gymkhana, Pune. This focused stakeholder sensitization event convened over leading architects, developers, manufacturers, and technology experts to raise awareness on the power of green products, materials, and technologies in reducing the carbon footprint of Pune’s construction and real estate sector. From September 8-13, 2025, CII IGBC is celebrating World Green Building Week to highlight the vital role of sustainable buildings in creating resilient futures for..

Inspira Realty Names Om Ahuja as CEO to Lead Growth Strategy

Inspira Realty, one of Mumbai’s fastest-growing developers with a strong presence in premium residential, redevelopment, and industrial projects, has appointed Om Ahuja as its Chief Executive Officer. With over 25 years of leadership experience across real estate, infrastructure, hospitality, banking, financial services, and wealth management, he has a proven track record of driving profitability and delivering large-scale projects across India and global markets. Prior to joining Inspira Realty, Om was Managing Director – Mumbai at Colliers, where he led strategic growth ..

Polycab Launches 350kW Utility Solar Inverter in Tamil Nadu

Polycab India, one of the country’s leading manufacturers of electrical goods, has launched its UT Series 350kW three-phase string inverter in Tamil Nadu. Designed for utility-scale solar projects, the inverter aims to enhance profitability, grid reliability, and operational efficiency for large installations. With over nine years of expertise and more than 1.5 GW of solar inverter supplies across India, Polycab’s UT Series offers advanced safety features, high efficiency, and robust weather resilience. It ensures maximum energy yield while reducing operational costs and improving lon..