MAHLIFE2024-01-012024-03-31 MAHLIFE2024-01-012024-03-31 MAHLIFE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member MAHLIFE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member MAHLIFE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member MAHLIFE2024-03-31 MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member MAHLIFE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member MAHLIFE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member MAHLIFE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member MAHLIFE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHLIFE2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHLIFE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MAHLIFE2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532313 MAHLIFE NOTLISTED Mahindra Lifespace Developers Limited Equity 2023-04-01 2024-03-31 2024-04-26 2024-03-28 INR Lakhs Yearly 16:00:00 19:20:00 2024-04-26 2024-04-26 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 25500000.00 415000000.00 440500000.00 8036600000.00 0.00 -7975800000.00 159600000.00 26200000.00 37700000.00 341900000.00 626200000.00 -185700000.00 0.00 -185700000.00 0.00 -125500000.00 -125500000.00 0.00 -60200000.00 0.00 0.00 0.00 0.00 -60200000.00 -2800000.00 -63000000.00 0.00 0.00 1550100000.00 10 -0.39 -0.39 0.00 0.00 -0.39 -0.39 1. The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on April 26, 2024. The standalone financial results for the quarter ended March 31, 2024 have been subjected to limited review and standalone financial results for the year ended March 31, 2024 have been audited by the statutory auditors. 2.The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter. 3. The standalone financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. 4. During the year ended March 31, 2024, pursuant to exercise of stock options by eligible employees under ESOS, the paid-up equity share capital has gone up by Rs 34.28 lakhs due to allotment of 3,42,781 shares, of which 42,721 shares aggregating Rs 4.27 lakhs were allotted during quarter ended March 31, 2024. 5. The financial results of the Company includes exceptional item of Rs 2,291 lakhs for the year ended March 31, 2024 from its Joint Venture Company, Mahindra Homes Private Limited (MHPL), which is executing residential project at NCR. The Tower B project of Luminare had a successful launch and there were increase in sales velocity and prices. Pursuant to above, the Company has evaluated the carrying value of its investment and on the basis of estimated Net Present Value of forecasted cash flows expected to be generated by MHPL, has reversed the impairment loss. 6. Given the nature of the activities being carried out by the Company, the financial results for the quarter / period is not representative of the operations for the year. 7. As per Ind AS 108 'Operating Segment', the Company has reported Segment Information for below segments : a. Projects, Project Management and Development b. Operating of Commercial Complexes For the purpose of this, the Managing Director is the Chief Operating Decision Maker. 8. The Board has recommended a dividend of Rs. 2.65 per share on Equity Share of Rs. 10 each (26.5%) subject to approval of members of the company at the forthcoming Annual General Meeting. 9. Previous period / year figures have been regrouped wherever found necessary, to conform to current period / year classification. Multi segment 2023-04-01 2024-03-31 Audited Standalone 186900000.00 1047400000.00 1234300000.00 13855700000.00 0.00 -13607800000.00 759200000.00 70200000.00 125400000.00 961800000.00 2164500000.00 -930200000.00 229100000.00 -701100000.00 0.00 -312900000.00 -312900000.00 0.00 -388200000.00 0.00 0.00 0.00 0.00 -388200000.00 -2800000.00 -391000000.00 0.00 0.00 1550100000.00 10 13877600000.00 -2.51 -2.51 0.00 0.00 -2.51 -2.51 Operating Expenses 0.00 Other Expenses 341900000.00 Operating Expenses 4100000.00 Other Expenses 957700000.00 230300000.00 50800000.00 0.00 0.00 6000000.00 5613600000.00 0.00 237500000.00 112700000.00 5963800000.00 887000000.00 625000000.00 7762900000.00 31778000000.00 862800000.00 686500000.00 848600000.00 128000000.00 817900000.00 226300000.00 3570100000.00 0.00 1324200000.00 36672300000.00 254700000.00 0.00 44689900000.00 1550100000.00 13877600000.00 15427700000.00 15427700000.00 6479600000.00 33300000.00 6512900000.00 54900000.00 6567800000.00 2197600000.00 1681100000.00 3764900000.00 7643600000.00 14838500000.00 74400000.00 137900000.00 22694400000.00 29262200000.00 44689900000.00 1. The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on April 26, 2024. The standalone financial results for the quarter ended March 31, 2024 have been subjected to limited review and standalone financial results for the year ended March 31, 2024 have been audited by the statutory auditors. 2.The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter. 3. The standalone financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. 4. During the year ended March 31, 2024, pursuant to exercise of stock options by eligible employees under ESOS, the paid-up equity share capital has gone up by Rs 34.28 lakhs due to allotment of 3,42,781 shares, of which 42,721 shares aggregating Rs 4.27 lakhs were allotted during quarter ended March 31, 2024. 5. The financial results of the Company includes exceptional item of Rs 2,291 lakhs for the year ended March 31, 2024 from its Joint Venture Company, Mahindra Homes Private Limited (MHPL), which is executing residential project at NCR. The Tower B project of Luminare had a successful launch and there were increase in sales velocity and prices. Pursuant to above, the Company has evaluated the carrying value of its investment and on the basis of estimated Net Present Value of forecasted cash flows expected to be generated by MHPL, has reversed the impairment loss. 6. Given the nature of the activities being carried out by the Company, the financial results for the quarter / period is not representative of the operations for the year. 7. As per Ind AS 108 'Operating Segment', the Company has reported Segment Information for below segments : a. Projects, Project Management and Development b. Operating of Commercial Complexes For the purpose of this, the Managing Director is the Chief Operating Decision Maker. 8. The Board has recommended a dividend of Rs. 2.65 per share on Equity Share of Rs. 10 each (26.5%) subject to approval of members of the company at the forthcoming Annual General Meeting. 9. Previous period / year figures have been regrouped wherever found necessary, to conform to current period / year classification. Operating of commercial complexes 11600000.00 Projects, project management and development 13900000.00 Operating of commercial complexes 44400000.00 Projects, project management and development 142500000.00 25500000.00 186900000.00 25500000.00 186900000.00 Operating of commercial complexes 255700000.00 Projects, project management and development -113700000.00 Operating of commercial complexes 256000000.00 Projects, project management and development -292000000.00 142000000.00 -36000000.00 26200000.00 70200000.00 301500000.00 1. The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on April 26, 2024. The standalone financial results for the quarter ended March 31, 2024 have been subjected to limited review and standalone financial results for the year ended March 31, 2024 have been audited by the statutory auditors. 2.The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter. 3. The standalone financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. 4. During the year ended March 31, 2024, pursuant to exercise of stock options by eligible employees under ESOS, the paid-up equity share capital has gone up by Rs 34.28 lakhs due to allotment of 3,42,781 shares, of which 42,721 shares aggregating Rs 4.27 lakhs were allotted during quarter ended March 31, 2024. 5. The financial results of the Company includes exceptional item of Rs 2,291 lakhs for the year ended March 31, 2024 from its Joint Venture Company, Mahindra Homes Private Limited (MHPL), which is executing residential project at NCR. The Tower B project of Luminare had a successful launch and there were increase in sales velocity and prices. Pursuant to above, the Company has evaluated the carrying value of its investment and on the basis of estimated Net Present Value of forecasted cash flows expected to be generated by MHPL, has reversed the impairment loss. 6. Given the nature of the activities being carried out by the Company, the financial results for the quarter / period is not representative of the operations for the year. 7. As per Ind AS 108 'Operating Segment', the Company has reported Segment Information for below segments : a. Projects, Project Management and Development b. Operating of Commercial Complexes For the purpose of this, the Managing Director is the Chief Operating Decision Maker. 8. The Board has recommended a dividend of Rs. 2.65 per share on Equity Share of Rs. 10 each (26.5%) subject to approval of members of the company at the forthcoming Annual General Meeting. 9. Previous period / year figures have been regrouped wherever found necessary, to conform to current period / year classification. 594900000.00 -185700000.00 -701100000.00 Operating of commercial complexes 260400000.00 Projects, project management and development 39890100000.00 40150500000.00 4539400000.00 44689900000.00 Operating of commercial complexes 31900000.00 Projects, project management and development 28712800000.00 28744700000.00 517500000.00 29262200000.00 70200000.00 -13284100000.00 249600000.00 0.00 0.00 0.00 0.00 0.00 0.00 7535900000.00 0.00 0.00 0.00 125400000.00 -229100000.00 0.00 0.00 0.00 0.00 0.00 333000000.00 199100000.00 26500000.00 -16500000.00 0.00 -382000000.00 0.00 88900000.00 0.00 -6347300000.00 -7048400000.00 0.00 0.00 0.00 14300000.00 0.00 -7062700000.00 0.00 0.00 0.00 107800000.00 429100000.00 0.00 0.00 0.00 8100000.00 159000000.00 396400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 867600000.00 625000000.00 0.00 0.00 333000000.00 116300000.00 0.00 1318900000.00 0.00 2092400000.00 0.00 0.00 21000000.00 0.00 0.00 0.00 0.00 0.00 18520600000.00 12219700000.00 0.00 41100000.00 357000000.00 522900000.00 0.00 0.00 5400900000.00 430600000.00 0.00 430600000.00 418000000.00 848600000.00 -3800000.00 -3800000.00 -1000000.00 -1000000.00 0.00 0.00