Mahindra Lifespace Developers Limited — Important, 25-04-2025: General Updates

**Mahindra Lifespace Developers Limited - Company Updates**

The Board has approved the standalone and consolidated financial results for the fourth quarter and annual financial year ending March 31, 2025. The consolidated total income increased by 66% to Rs 463.9 crore, driven by gross development value additions of Rs 18,100 crore, a fourfold increase year-on-year. Residential pre-sales saw a growth of 20.4% to Rs 2,804 crore. The company reported a profit after tax of Rs 61.3 crore for FY25, down from Rs 98.2 crore in FY24, with a significant drop linked to higher operational costs.

In terms of dividend, a final payout of Rs 2.80 per share (28% of face value) was recommended, subject to approval at the upcoming Annual General Meeting scheduled for July 25, 2025. The Board also appointed Ms. Snehal Patil as the interim Company Secretary and compliance officer, following the maternity leave of Ms. Bijal Parmar. Furthermore, Martinho Ferrao & Associates has been appointed as the secretarial auditor for a five-year term, pending shareholder approval.

Investors should closely monitor these developments as the dividend declaration and company appointments may impact investor sentiment and shareholder value.