Samyag

Corporate Actions

Back

Mahindra Lifespace gains after reporting turnaround Q3 numbers

02-Feb-26 16:15 Hrs IST

Revenue from operations surged 174.48% year-on-year to Rs 459.16 crore for the quarter ended 31 December 2025.

The company reported a profit before exceptional items and tax of Rs 32.27 crore in Q3 FY26, compared with a pre-tax loss of Rs 15.11 crore in the year-ago quarter. An exceptional item of Rs 25.83 crore was recorded during the quarter under review.

Total expenses increased 117.44% YoY to Rs 436.81 crore in Q3 FY26.

The company maintained a strong balance sheet and healthy collections, with a net debt-to-equity ratio of -0.12 (cash surplus) as of 31 December 2025.

The company achieved consolidated sales (Residential and IC&IC) of Rs 707 crore. Gross development value (GDV) additions in Q3 FY26 stood at Rs 1,010 crore. Residential pre-sales in Q3 FY26 were Rs 572 crore (saleable area of 0.60 msft and RERA carpet area of 0.45 msft), compared with Rs 334 crore in Q3 FY25.

On a nine-month basis, the company reported a consolidated net profit of Rs 208.02 crore in 9M FY26, compared with a net loss of Rs 23.79 crore in 9M FY25. Revenue from operations jumped 40.12% YoY to Rs 508.69 crore in 9M FY26.

For the nine-month period, consolidated sales (Residential and IC&IC) stood at Rs 2,125 crore. GDV additions in 9M FY26 were Rs 10,560 crore, in addition to Rs 18,100 crore in FY25. Residential pre-sales in 9M FY26 were Rs 1,773 crore (saleable area of 2.35 msft and RERA carpet area of 1.76 msft), compared with Rs 1,749 crore in 9M FY25.

Amit Kumar Sinha, MD & CEO, Mahindra Lifespace Developers, said, 'We are thrilled to announce a strong quarterly result. On the residential side, we had 3 project completions that contributed to our PAT. We have a strong pipeline of residential launches leading into FY27. On the IC&IC side, we are seeing healthy demand for high quality industrial plots in our industrial parks. We launched phase 2A of Origins by Mahindra in Chennai in December 25.'

Mahindra Lifespaces Developers, the real estate arm of the Mahindra Group, has a development footprint of 53.65 million sq. ft across seven cities and over 5,000 acres of industrial clusters. Its portfolio includes premium residences, affordable homes under the Happinest brand, and integrated cities under Mahindra World City and Origins.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.