logo
Mahindra Lifesapces' profit rises 19% to Rs 85 crore in Q4 FY25

Mahindra Lifesapces' profit rises 19% to Rs 85 crore in Q4 FY25

Time of India26-04-2025
NEW DELHI: Realty firm
Mahindra Lifespace Developers
Ltd on Friday reported a 19 per cent increase in net profit to Rs 85.09 crore for the quarter ended March 2025. Its net profit stood at Rs 71.48 crore in the year-ago period.
Total income rose marginally to Rs 55.44 crore in January-March period of the last fiscal from Rs 54.60 crore in the corresponding period of the preceding year, according to a regulatory filing.
During 2024-25 fiscal, the company's net profit declined to Rs 60.94 crore from Rs 97.95 crore in the preceding year.
Total income grew to Rs 463.87 crore in the last fiscal from Rs 279.12 crore in the 2023-24 fiscal.
Mahindra Lifespace is one of the leading real estate developers in the country.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Interest-free loans for SHGs in TG from July 12
Interest-free loans for SHGs in TG from July 12

Hans India

timean hour ago

  • Hans India

Interest-free loans for SHGs in TG from July 12

Hyderabad: In keeping with its avowed quest to ring in economic empowerment of women, the State government will distribute interest-free loans to women Self Help Groups (SHGs) in all Assembly constituencies from July 12 to 18. It proposes to distribute Rs 20,000 crore interest-free loans to the identified women groups this year. As a further facilitation, the government will provide bank linkage, loan and accident insurance to SHGs. Deputy Chief Minister Mallu Bhatti Vikramarka pointed out on Saturday that the government was already supporting women groups economically by commissioning them works like running canteens, repair works in schools and orders for stitching school uniforms. To ensure that the economic gains reach SHGs, the government intends to purchase the products made by them. This translates to a guaranteed market for their investments. The minister was speaking at the 'Indira Mahila Shakti' celebrations, where he also distributed RTC rental cheques to women groups. Urging them to make full use of the encouragement and women-friendly facilities provided by the government and bolster Brand Telangana, Bhatti took potshots at the BRS regime for neglecting interest-free loans and incentives to SHGs in its 10 years in office. The deputy Chief minister said that in a welcome contrast, the Congress government has revived interest-free loans and is encouraging women groups to be engaged in special businesses. Cheques for interest-free loans have been distributed to women groups twice earlier in Hyderabad, he said. He expressed happiness that the government had enabled women groups to purchase buses and lease them to TGSRTC. In the first phase, ₹one crore was handed over to them as rent payments. In the coming days, larger earnings from RTC would be shared with those groups, he added. In line with this goal to turn one crore women into millionaires in the first year itself, interest-free loans worth ₹21,000 crore were disbursed to women's groups. Not less than ₹20,000 crore will be extended as interest-free loans to women groups every year, he averred.

Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others
Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others

Economic Times

time2 hours ago

  • Economic Times

Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Cons. Products Kolkata: Smartphones may have sizzled their way to become the country's largest exported goods in the last fiscal year, but Indiamade daily use consumer goods such as biscuits, noodles, packaged gram flour, soaps and shampoos are also rapidly making inroads into global shelves. Top fast-moving consumer goods companies like Hindustan Unilever (HUL), ITC Dabur and AWL Agri Business (formerly Adani Wilmar) have reported faster growth in their export revenue compared with local sales in the past two fiscal international business accounts for only 3% of the turnover for some like HUL due to their very large domestic operations, it brings more than 20% of the revenue for companies such as Dabur, Emami and Marico. Unilever India Exports Ltd, HUL's wholly owned subsidiary for exports to other Unilever companies globally, posted an 8% increase in sales at Rs 1,258 crore in the last financial year ended March 31, according to HUL's annual report. Its net profit rose 14% to Rs 91 total sales, meanwhile, grew at a tepid pace of 2%, weighed by weak domestic company attributed the export growth to products in skin care, lifestyle nutrition, hair care and personal wash, driven by brands like Dove, Horlicks, Vaseline, Pears, Bru, Sunsilk, Glow and Lovely, Pond's, Lakme and Lifebuoy. It's not just basmati rice, traditionally a top commodity for exports from India, which is in high demand, said Angshu Mallick, chief executive at AWL Agri Business, India's largest packaged edible oil company. Mustard and sunflower oil, atta, besan (gram flour), soya nuggets and poha (flattened rice) all are seeing strong demand in foreign markets, he said.'We are just scratching the surface. The proliferation of Indian restaurants and popularity of Indian cuisines in the West is driving the exports. And it's not just the Indian diaspora but even the local people (in foreign markets) are buying these,' said Mallick, predicting that exports could rise 50-80% this fiscal demand is strong, a push from the government through export-focussed programmes like production-linked incentive schemes (PLI) for the food processing industry and millet-based products are also helping boost shipments, industry executives said. The government in December said it had selected 73 companies for benefits under the PLI scheme for marketing Indianbranded food products in global said in its latest annual report that its branded export business grew threefold in the past three years to cross Rs 250 crore in FY25. Godrej Consumer Products said in an investor presentation that the operating margin of its international business expanded to 17% in FY25 from 10% two years told analysts recently that its export business is scaling up fast and it posted 14% growth in constant currency terms (excluding the impact of currency movements) in FY25, compared with overall growth of 12%. At Dabur, exports grew 17% against a 1.3% expansion in consolidated revenue. ITC Ltd said in its latest annual report that the company is seeing 'green shoots' in exports of biscuits, noodles and snacks while its Aashirvaad Atta is already the market leader in several countries. 'ITC is also exploring strategic opportunities in proximal markets as a potential vector of growth going forward,' it a bulk of ITC's foreign exchange earnings from export is still driven by agri-commodities export revenue rose 7% to Rs 7,708 crore in FY25 — its FMCG export is set to become the next growth driver. The firm said its FMCG products are now sold in over 70 countries. Exports of other consumer goods from apparel, jewellery and consumer electronics to automobiles have also grown last fiscal year.

Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others
Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others

Time of India

time2 hours ago

  • Time of India

Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others

Kolkata: Smartphones may have sizzled their way to become the country's largest exported goods in the last fiscal year, but Indiamade daily use consumer goods such as biscuits, noodles, packaged gram flour, soaps and shampoos are also rapidly making inroads into global shelves. Top fast-moving consumer goods companies like Hindustan Unilever (HUL), ITC , Marico , Godrej Consumer Products , Dabur and AWL Agri Business (formerly Adani Wilmar) have reported faster growth in their export revenue compared with local sales in the past two fiscal years. While international business accounts for only 3% of the turnover for some like HUL due to their very large domestic operations, it brings more than 20% of the revenue for companies such as Dabur, Emami and Marico. Unilever India Exports Ltd, HUL's wholly owned subsidiary for exports to other Unilever companies globally, posted an 8% increase in sales at Rs 1,258 crore in the last financial year ended March 31, according to HUL's annual report. Its net profit rose 14% to Rs 91 crore. HUL's total sales, meanwhile, grew at a tepid pace of 2%, weighed by weak domestic demand. The company attributed the export growth to products in skin care, lifestyle nutrition, hair care and personal wash, driven by brands like Dove, Horlicks, Vaseline, Pears, Bru, Sunsilk, Glow and Lovely, Pond's, Lakme and Lifebuoy. It's not just basmati rice, traditionally a top commodity for exports from India, which is in high demand, said Angshu Mallick, chief executive at AWL Agri Business, India's largest packaged edible oil company. Mustard and sunflower oil, atta, besan (gram flour), soya nuggets and poha (flattened rice) all are seeing strong demand in foreign markets, he said. 'We are just scratching the surface. The proliferation of Indian restaurants and popularity of Indian cuisines in the West is driving the exports. And it's not just the Indian diaspora but even the local people (in foreign markets) are buying these,' said Mallick, predicting that exports could rise 50-80% this fiscal year. While demand is strong, a push from the government through export-focussed programmes like production-linked incentive schemes (PLI) for the food processing industry and millet-based products are also helping boost shipments, industry executives said. The government in December said it had selected 73 companies for benefits under the PLI scheme for marketing Indianbranded food products in global markets. AWL said in its latest annual report that its branded export business grew threefold in the past three years to cross Rs 250 crore in FY25. Godrej Consumer Products said in an investor presentation that the operating margin of its international business expanded to 17% in FY25 from 10% two years earlier. Marico told analysts recently that its export business is scaling up fast and it posted 14% growth in constant currency terms (excluding the impact of currency movements) in FY25, compared with overall growth of 12%. At Dabur, exports grew 17% against a 1.3% expansion in consolidated revenue. ITC Ltd said in its latest annual report that the company is seeing 'green shoots' in exports of biscuits, noodles and snacks while its Aashirvaad Atta is already the market leader in several countries. 'ITC is also exploring strategic opportunities in proximal markets as a potential vector of growth going forward,' it said. While a bulk of ITC's foreign exchange earnings from export is still driven by agri-commodities export revenue rose 7% to Rs 7,708 crore in FY25 — its FMCG export is set to become the next growth driver. The firm said its FMCG products are now sold in over 70 countries. Exports of other consumer goods from apparel, jewellery and consumer electronics to automobiles have also grown last fiscal year. Economic Times WhatsApp channel )

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store