Mahindra Lifespace Developers Ltd

Mahindra Lifespace Developers Limited said its Committee for Investment/Land Appraisal has approved the sale of its entire stake in associate companies Ample Parks and Logistics Private Limited, Ample Parks Project 1 Private Limited, Ample Parks Project 2 Private Limited and Ample Parks MMR Private Limited to Omega Warehouse Holdings 2 Limited for a consideration not exceeding Rs 80 crore, with the transaction expected to be completed by December 31, 2026, or a mutually agreed date.

Mahindra Lifespace Developers Ltd announced that Crisil ESG Ratings & Analytics Limited (“CRISIL”), a SEBI registered ESG Ratings Provider, has independently assigned an ESG rating of ‘CRISIL ESG 64’ to the company under the ‘Strong’ category, based on data pertaining to FY 2025-26 and available in the public domain, with the report issued voluntarily on August 4, 2026, at 9:13 p.m. (IST); it is important to note that the company did not engage CRISIL for this ESG rating, and the rating is applicable to Equity Shares (BSE: 532313, NSE: INE813A01018) and is available on the company’s website at https://www.mahindralifespaces.com/investor-center/?category=material-disclosure-intimation.

Net profit of Mahindra Lifespace Developers rose 66.92% to Rs 85.53 crore in the quarter ended June 2026 as against Rs 51.24 crore during the previous quarter ended June 2025. Sales rose 2909.48% to Rs 962.13 crore in the quarter ended June 2026 as against Rs 31.97 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales962.1331.97 2909 OPM %9.82-172.10 - PBDT116.0447.69 143 PBT111.0041.60 167 NP85.5351.24 67 Powered by Capital Market - Live

Mahindra Lifespace Developers will hold a meeting of the Board of Directors of the Company on 23 July 2026.

Mahindra Lifespace Developers'announced the acquisition of a 15-acre land parcel in Kandivali East, Mumbai. The project has an estimated Gross Development Value (GDV) of approximately Rs 5,600 crore with a development potential of around 1.8 million square feet. Strategically located in Kandivali East, the open greenfield land parcel benefits from excellent connectivity to the Western Express Highway and existing metro corridors. The location is supported by established social infrastructure, including schools, hospitals, and retail hubs, and continues to witness strong residential absorption driven by end-user demand.

The facility will come up within the integrated industrial cluster developed by Mahindra Industrial Park Chennai (MIPCL), a joint venture between Mahindra World City Developers, the industrial parks and integrated cities business of Mahindra Lifespace Developers, and Japan's Sumitomo Corporation. Spread across nearly 149,936 square metres, the proposed plant will be YKK India's third manufacturing facility in the country and is expected to be completed by February 2028. The investment further strengthens Origins by Mahindra, Chennai's position as a preferred destination for global manufacturers. The industrial cluster already houses multinational companies including Mitsubishi Electric, Yanmar and Omron. YKK India, a leading manufacturer of fastening products for the apparel, textile and industrial sectors, said the facility will incorporate advanced manufacturing technologies and cater to both domestic demand and export markets. The company said the plant will leverage Origins by Mahindra's infrastructure, plug-and-play facilities, sustainability-focused ecosystem and connectivity advantages to support efficient operations and long-term growth. Origins by Mahindra, Chennai is strategically located on NH16 and lies within the influence zones of the Chennai'Bengaluru Industrial Corridor (CBIC) and the Chennai'Visakhapatnam Industrial Corridor (CVIC). The industrial cluster offers strong connectivity to key industrial hubs, ports, and logistics infrastructure, enabling efficient operations for manufacturing-led businesses. Vikram Goel, Chief Business Officer ' Industrial, Mahindra Lifespace Developers, said, 'We are delighted to welcome YKK India to Origins by Mahindra, Chennai. The addition of another globally respected manufacturer to our ecosystem reflects the growing confidence of international companies in India's manufacturing capabilities and long-term growth potential. As businesses diversify supply chains and expand manufacturing capabilities to serve both domestic and export markets, they are increasingly seeking destinations that can support scale, operational excellence and long-term growth. YKK India's investment further strengthens Origins by Mahindra's position as a preferred destination for global manufacturing investments and reinforces our commitment to enabling high-quality industrial growth in the country.' 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. The company's consolidated net profit increased 5.91% year-on-year to Rs 90.12 crore in the quarter ended March 2026. Revenue from operations rose to Rs 669.92 crore during the quarter from Rs 9.24 crore in the corresponding period last year. The scrip declined 1.44% to Rs 344.85 on the BSE. Powered by Capital Market - Live

Mahindra Lifespace Developers has received the following credit rating from India Ratings and Research: Commercial paper (Rs 2,500 crore) - IND A1+ Proposed commercial paper (Rs 1,000 crore) - IND A1+

Mahindra Lifespace Developers announced that the Board of Directors of the Company at its meeting held on 28 April 2026, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders.

Mahindra Lifespace Developers announced that the 27th Annual General Meeting(AGM) of the company will be held on 23 July 2026.

Net profit of Mahindra Lifespace Developers rose 5.91% to Rs 90.11 crore in the quarter ended March 2026 as against Rs 85.08 crore during the previous quarter ended March 2025. Sales rose 7146.97% to Rs 669.62 crore in the quarter ended March 2026 as against Rs 9.24 crore during the previous quarter ended March 2025. For the full year,net profit rose 386.43% to Rs 298.13 crore in the year ended March 2026 as against Rs 61.29 crore during the previous year ended March 2025. Sales rose 216.52% to Rs 1178.31 crore in the year ended March 2026 as against Rs 372.27 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales669.629.24 7147 1178.31372.27 217 OPM %-6.55-597.19 --10.32-45.63 - PBDT89.8492.06 -2 304.0688.31 244 PBT84.2486.56 -3 280.1970.50 297 NP90.1185.08 6 298.1361.29 386 Powered by Capital Market - Live