Realty company Mahindra Lifespace Developers announced Q1FY26 results Consolidated Sales (Resi and IC⁣) of Rs 569 crore. Gross development value additions in Q1FY26 were Rs 3,500 crore as against Rs 1,400 crore in Q1FY25 (~2.5x). Q1FY26 residential pre-sales of Rs 449 crore (saleable area of 0.58 msft, RERA carpet area of 0.42 msft) as compared to Rs 1,019 crore in Q1FY25. Major launches planned in the subsequent quarters. Consolidated revenues of Rs 120 crore in Q1FY26 from IC⁣ business reflecting 17% growth over Q1FY25 (Total leased area – 18.7 acres). The consolidated total income as per INDAS is Rs 41 crore in Q1FY26 as against Rs 207 crore in Q1FY25. Strong balance sheet, collections and profitability: Successful Rights issue completed in Q1. Net debt to equity ratio at -0.23 (cash surplus) as of 30th June 2025. Residential collections of Rs 518 crore for Q1FY26 as compared to Rs 540 crore for Q1FY25. The consolidated profit after tax, after non-controlling interest, as per INDAS is Rs 51 crore in Q1FY26 as against profit of Rs 13 crore in Q1FY25. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers, said: “We started the year well with a successful Rights issue in Q1, that has further improved our Balance sheet. We are continuing BD momentum with GDV additions of Rs 3,500 crore. Our residential sales have been lower as we await certain approvals, however, we have several launches planned in the subsequent quarters. Our IC⁣ business has been firing on all cylinders, clocking healthy leasing activity across Jaipur and Chennai.” Result PDF
Realty company Mahindra Lifespace Developers announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Consolidated Sales (Resi and IC⁣) of Rs 1266 crore. Gross development value additions in Q4FY25 were Rs 3,650 crore as against Rs 2,040 crore in Q4FY24 (~1.8x growth). Q4FY25 pre-sales of Rs 1,055 crore (saleable area – 1.03 msft, RERA carpet area - 0.70 msft) as compared to Rs 1,086 crore in Q4FY24. Consolidated revenues of Rs 211 crore in Q4FY25 from IC⁣ business reflecting 14% growth over Q4FY24 (Total leased area – 37.8 acres). The consolidated total income as per INDAS is Rs 55.4 crore in Q4FY25 as against Rs 54.6 crore in Q4FY24. Strong collections, cashflow and profitability. Residential collections of Rs 466 crore for Q4FY25 as compared to Rs 412 crore for Q4FY24. The consolidated profit before tax, after non-controlling interest, as per INDAS grew by 48% to Rs 86.5 crore in Q4FY25 as against profit of Rs 58.6 crore in Q4FY24. The consolidated profit after tax, after non-controlling interest, as per INDAS is Rs 85.1 crore in Q4FY25 as against profit of Rs 71.5 crore in Q4FY24, reflecting a 19% growth. FY25 Financial Highlights: Consolidated Sales (Resi and IC⁣) of Rs 3,299 crore. Gross development value additions in FY25 were Rs 18,100 crore as against Rs 4,400 crore in FY24 (~4x growth). Residential pre-sales of Rs 2,804 crore in FY25, reflecting 20.4% growth over FY24 (saleable area – 3.18 msft, RERA carpet area – 2.32 msft). Consolidated revenues of Rs 495 crore in FY25 from IC⁣ business reflecting 5% growth over FY24 (Total leased area – 85.1 acres). The consolidated total income as per INDAS grew by 66% in FY25 to Rs 463.9 crore as against Rs 279.1 crore in FY24. Strong collections, cashflow, profitability and healthy balance sheet. Residential collections at Rs 1,831 crore for FY25 as compared to Rs 1,385 crore for FY24. Highest ever Consolidated Operating cash flow (including joint ventures and associates) in FY25 of Rs 832 crore as against Rs 639 crore in FY24, reflecting a 30% growth. The consolidated profit before tax, after non-controlling interest, as per INDAS grew by 30% to Rs 70.5 crore in FY25 as against Rs 54.3 crore in FY24. The consolidated profit after tax, after non-controlling interest, as per INDAS is Rs 61.3 crore in FY25 as against Rs 98.2 crore in FY24. Net debt to equity ratio remained healthy at 0.39 in FY25. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers, said: “We had a very successful year with GDV additions of Rs 18,100 crore, ~4x over FY24. We also had a 20.4% growth in our residential pre-sales, driven by successful launches such as Vista Ph2, IvyLush, Zen and Green Estates during the year. Our IC⁣ business also had a strong with marquee transactions closed during the year. This positions us well to achieve our stated target of 8,000 - 10,000 crore sales in 5 years. Further our balance sheet remains strong with highest ever operating cash flows and well-controlled net debt to equity.” Result PDF