Q1 2025 Mahindra Lifespace Developers Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Mahindra Life Space Developers Limited Q1 FY25 earnings conference call (Operator Instructions). Please note that this conference call is being recorded. We have with us on this call today, Mr. Amit Kumar Sinha, MD and CEO, Mr. Avinash Bapat, CFO, Mr. Sriram Kumar (FP&A), Costing & IR, and Mr. Rabinder Basu, Head, Investor Relations. I now hand the conference over to Mr. Amit Kumar Sinha, MD and CEO. Thank you, and over to you, sir.
Thank you, Michelle. Appreciated. Good morning, everyone, and welcome to our quarter one FY25 earnings call. At the outset, I would like to thank everyone for participating in this call. Let me cover a few things very quickly. Most of you are very well entrenched into the industry and what's happening on the budget side. We're still figuring it out. But let me just cover a few things as we see in the market.
On the industry, I think the growth-oriented budget has done
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