Tag: Mahindra Lifespace Developers profit

NEW DELHI: Mahindra Lifespace Developers has recorded a 66.9% rise in its net consolidated profit after tax, reaching ₹85.55 crore for the quarter ending June 30, 2026, up from ₹51.26 crore in the same quarter last year. The company’s total consolidated income surged to ₹977.54 crore in Q1 FY27 from ₹40.61 crore in Q1 FY26. Consolidated sales in residential, integrated cities, and industrial clusters climbed 70% year-on-year to ₹966 crore during the quarter. Residential pre-sales soared by 106% to ₹925 crore, with the company selling 0.60 million sq ft of saleable area, equating to 0.39 million sq. ft. of RERA…

NEW DELHI: Mahindra Lifespace Developers announced a net consolidated profit of ₹47.91 crore for the quarter ending September 30, 2025, a significant turnaround from a loss of ₹14.01 crore in the same quarter last year, as reported in a BSE filing. The company’s total consolidated income for Q2 FY26 reached ₹33.06 crore, reflecting a 107.14% increase from ₹15.96 crore in the corresponding quarter of the previous fiscal year. Amit Kumar Sinha, Managing Director & CEO, stated, “Our business development momentum remains strong with year-to-date GDV additions of ₹9,500 crore. The IC&IC sector is witnessing robust traction in Jaipur and Chennai,…