NEW DELHI: Mahindra Lifespace Developers (MLDL), part of the Mahindra Group focused on real estate and infrastructure, reported a net consolidated profit after tax of ₹51.26 crore for the quarter ending June 30, 2025. This is a significant increase from the ₹12.74 crore profit recorded in the same quarter last year, according to a filing with the BSE.
For Q1 FY26, the company’s net consolidated total income was ₹40.61 crore, reflecting an 80.25% drop from ₹206.70 crore compared to the previous year’s quarter.
Amit Kumar Sinha, managing director & CEO, stated, “We started the year on a strong note, successfully completing a rights issue in Q1, which has strengthened our balance sheet. We are also maintaining business development momentum with GDV additions of ₹3,500 crore. Although residential sales have decreased while we await necessary approvals, we have several launches planned for upcoming quarters. Our IC&IC business is performing well, featuring robust leasing activity in Jaipur and Chennai.”
During the quarter, the company executed a rights issue for 5,81,53,156 equity shares at ₹257 each, raising ₹1,49,454 lakhs. These funds are allocated for debt repayment related to land acquisitions and working capital.
As of June 30, 2025, the company’s net worth was ₹3,432.83 crore, with a debt-equity ratio of 0.19, a current liability ratio of 0.94, and total debts to total assets standing at 0.09. The operating margin was -172.10%, while the net profit margin was 160.34%.
The company reported consolidated sales of ₹569 crore, with GDV additions of ₹3,500 crore in Q1 FY26 compared to ₹1,400 crore in Q1 FY25. Residential pre-sales reached ₹449 crore in Q1 FY26, down from ₹1,019 crore in the previous year’s quarter.
