Tag: Mahindra Lifespaces

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Mahindra Lifespaces Q1 FY27 Net Profit Soars 67% to ₹85.55 Cr

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…

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Mahindra Lifespaces, Sattva Group Unveil Mumbai Projects

NEW DELHI: Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development segment of the Mahindra Group, has unveiled a new residential project named Mahindra BeaconHill located in Mahalaxmi, South Mumbai. The project boasts a potential Gross Development Value (GDV) of approximately ₹1,650 crore. Spanning 1.68 acres, this 58-storey structure will offer 198 upscale residences, available in three types: three BHK, 3.5 BHK, and four BHK. In another announcement, Sattva Group has introduced its inaugural residential project in Mumbai – Sattva Sumera, with a Gross Development Value (GDV) of ₹5,500 crore. This development is situated in Parel. Covering a two-acre…

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Mahindra Lifespace Developers Reports ₹298.17 Crore Profit FY26

NEW DELHI: Mahindra Lifespace Developers (MLDL) has announced a consolidated net profit after tax of ₹298.17 crore for the financial year 2025-26, a significant increase from the ₹61.35 crore reported in FY25. The company’s consolidated total income reached ₹1,265.96 crore in FY26, compared to ₹453.87 crore in FY25. In Q4 FY26, total income was ₹723.21 crore, while profit after tax stood at ₹90.12 crore. During the year, MLDL successfully completed a rights issue of 5,81,63,456 equity shares with a face value of ₹10 each at a cash price of ₹257 per share, totaling ₹1,494.80 crore. These funds will be used…

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Mahindra Lifespace Q3 FY26 Net Profit at ₹108.88 Crore

NEW DELHI: Mahindra Lifespace Developers (MLDL) has announced a net consolidated profit after tax of ₹108.88 crore for the quarter ending December 31, 2025. This is in contrast to a loss after tax of ₹22.47 crore recorded in the same quarter last year, as stated in their BSE filing. The total net consolidated income for Q3 FY26 reached ₹469.08 crore, reflecting an impressive increase of 152.51% from ₹185.77 crore in the corresponding quarter of the prior fiscal year. As of December 31, 2025, MLDL reported a net worth of ₹3,534.70 crore, with a debt-equity ratio of 0.19, a current liability…

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Mahindra Lifespaces to Revamp Matunga Residential Project

Representative AI image NEW DELHI: Mahindra Lifespace Developers (MLDL), part of the Mahindra Group’s real estate and infrastructure development sector, has been appointed as the development partner for a residential redevelopment project in Matunga, Mumbai. The project covers approximately 1.53 acres and boasts a gross development value of around ₹1,010 crore. According to its investor presentation, Mahindra Lifespaces plans to execute a bottom-up strategy that includes several new launches and ongoing projects through FY30. Projected new launches are expected to represent 50–75% of annual execution in the next five years, with an increase from ₹2,804 crore in FY25 to ₹9,500…

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Mahindra Lifespace Q2 FY26 Net Profit at ₹47.91 Crore

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,…