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    Mahindra Life Q3 net profit seen up at Rs 25.4cr

    Mahindra Life Q3 revenues are seen up at Rs 126.2 crore versus Rs 88.98 crore.

    February 04, 2011 / 15:46 IST

    Mahindra Life Q3 revenues are seen up at Rs 126.2 crore versus Rs 88.98 crore.

    Its EBIDTA is seen up at Rs 31.87 crore versus Rs 23.15 crore.

    Its net profit is seen up at Rs 25.4 crore versus Rs 24.66 crore.

    Q3FY11 expectations
    * Revenues growth on account of Aura, Gurgaon project reaching revenue completion threshold
    * Expect MLL to recognize incremental revenue from its residential projects Mahindra Splendor(Bhandup), Eminente phase-2 and 3 (Goregaon), Rayale (Pune) and Chloris and Aura (NCR)
    * Leasing/operational status at Jaipur/Chennai SEZ are key monitorables

    first published: Feb 4, 2011 03:44 pm

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