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Sales rise 13.53% to Rs 704.14 crore

Mindspace Business Parks REIT consolidated net profit declines 26.77% in the March 2025 quarter

02-May-2025, 07:38
Net profit of Mindspace Business Parks REIT declined 26.77% to Rs 86.85 crore in the quarter ended March 2025 as against Rs 118.60 crore during the previous quarter ended March 2024. Sales rose 13.53% to Rs 704.14 crore in the quarter ended March 2025 as against Rs 620.24 crore during the previous quarter ended March 2024.

For the full year,net profit declined 9.29% to Rs 476.28 crore in the year ended March 2025 as against Rs 525.04 crore during the previous year ended March 2024. Sales rose 8.04% to Rs 2660.47 crore in the year ended March 2025 as against Rs 2462.39 crore during the previous year ended March 2024.

Particulars	Quarter Ended			Year Ended
	Mar. 2025	Mar. 2024	% Var.	Mar. 2025	Mar. 2024	% Var.
Sales	704.14	620.24	14	2660.47	2462.39	8
OPM %	72.00	71.24	-	72.15	71.95	-
PBDT	354.62	326.58	9	1377.46	1329.66	4
PBT	250.28	232.56	8	971.47	947.00	3
NP	86.85	118.60	-27	476.28	525.04	-9