Mahindra Lifespace Q1 sales bookings jump 2-fold to Rs 925 cr in Jun qtr on strong home sales

Mahindra Lifespace Developers saw sales bookings more than double to Rs 925 crore. The company sold 0.6 million sq ft and launched 1.36 million sq ft. Funds collected from customers reached Rs 527 crore during the quarter. Net profit increased by 67 percent to Rs 85.55 crore. Total income zoomed to Rs 977.54 crore from Rs 40.61 crore.