Mahindra Lifespace Developers Ltd

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

Mahindra Lifespace Developers will hold a meeting of the Board of Directors of the Company on 28 April 2026.

Spanning approximately 25.47 acres, Mahindra Rainforest is among the largest developments in Mumbai's central suburbs and is envisioned as an integrated lifestyle destination. The newly launched residential phases carry an estimated Gross Development Value (GDV) of around Rs 3,000 crore. The development is part of a broader mixed-use ecosystem, combining residential, commercial, and retail spaces within a single project. The residential township will feature thoughtfully designed 2 and 3 BHK premium homes, emphasizing green spaces, community living, and sustainable design. The project aligns with Mahindra Lifespaces' philosophy of building 'Homes of Positive Energy,' focusing on climate-responsive planning and enhancing residents' quality of life. Situated on LBS Marg, Kanjur, Mahindra Rainforest provides excellent connectivity to the Eastern Express Highway, Jogeshwari'Vikhroli Link Road (JVLR), and upcoming infrastructure including the Goregaon'Mulund Link Road (GMLR) and an east'west flyover in Bhandup. Residents will also benefit from Metro Line 4 running adjacent to the project, easy access to Metro Line 6, and seamless connections to the suburban rail network. Key business districts such as BKC and Powai are within reach, supported by established social infrastructure including reputed schools, hospitals, malls, and entertainment hubs. The residential units feature contemporary layouts with ample natural light, spacious living areas, large decks, and private foyers, delivering a premium living experience. Phase 1 & 2 of Mahindra Rainforest offers over 3.5 lakh sq. ft. of open amenities and clubhouse spaces, along with more than 7 acres of dense green areas. Amenities include an expansive clubhouse, fitness zones, jogging tracks, yoga and meditation spaces, a library, children's play zones, and community areas. Retail conveniences are integrated within the development to meet daily needs. Positioned as a landmark project in Kanjur, Mahindra Rainforest is set to redefine premium living in Mumbai's central suburbs, combining connectivity, lifestyle, and sustainable urban design. Vimalendra Singh, Chief Business Officer ' Residential, Mahindra Lifespace Developers, said, 'Mumbai continues to be a strategic focus market for Mahindra Lifespaces, and the central suburbs are an important residential corridor driven by strong connectivity and established social infrastructure. With Mahindra Rainforest, we are bringing our philosophy of 'Homes of Positive Energy' to life through a landmark mixed-use development that brings together nature, thoughtful design, and everyday functionality. The idea is to create not just homes, but a living environment where green spaces, community experiences, and sustainable planning come together in a meaningful way. We believe Mahindra Rainforest will set a new benchmark for well-planned, premium and nature-led living in central suburbs.' 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 reported a turnaround consolidated net profit of Rs 108.88 crore in Q3 FY26, compared with a net loss of Rs 22.49 crore in the corresponding quarter last year. Revenue from operations surged 174.48% year-on-year to Rs 459.16 crore for the quarter ended 31 December 2025. Powered by Capital Market - Live

Mahindra Lifespace Developers has announced the launch of residential - phase 1&2 of Mahindra Rainforest, a premium mixed-use development located on LBS Marg, Kanjur, Mumbai. Spanning ~25.47 acres, the project is among the largest developments in Mumbai's central suburbs and is envisioned as an integrated lifestyle destination. The residential launch phases have an estimated Gross Development Value (GDV) of approximately Rs 3,000 crore. Part of a larger mixed-use ecosystem, Mahindra Rainforest is designed to redefine urban living by seamlessly integrating residential, commercial, and retail within a single development. The residential township in these phases will offer thoughtfully designed 2 and 3 BHK premium residences tailored for modern urban lifestyles. Emphasizing green spaces, community living, and sustainable design, the project reflects Mahindra Lifespaces' philosophy of building Homes of Positive Energy, with a strong focus on climate-responsive planning and enhanced quality of life. Powered by Capital Market - Live

Mahindra Lifespace Developers announced that CRISIL Rating has assigned the rating CRISIL AA; Stable / CRISIL A1+ for the company's bank facilities and commercial paper. Powered by Capital Market - Live

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

Net profit of Mahindra Lifespace Developers reported to Rs 108.88 crore in the quarter ended December 2025 as against net loss of Rs 22.49 crore during the previous quarter ended December 2024. Sales rose 174.49% to Rs 459.16 crore in the quarter ended December 2025 as against Rs 167.28 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales459.16167.28 174 OPM %6.49-15.18 - PBDT109.28-1.18 LP PBT103.61-5.15 LP NP108.88-22.49 LP Powered by Capital Market - Live