Mahindra Lifespace Developers Limited — Updates, 25-07-2025: Press Release

Mahindra Lifespaces reports robust Q1 with Gross Development Value (GDV) additions reaching Rs 3,500 Cr, a 2.5x increase year-on-year. Despite residential pre-sales of Rs 449 Cr, major launches are planned. The Industrial & Cities (IC&IC) business saw 17% revenue growth to Rs 120 Cr. Following a successful rights issue of Rs 1,494.54 Cr, the company achieved a cash surplus, significantly strengthening its balance sheet. Consolidated Profit After Tax (PAT) rose to Rs 51 Cr. Note: Q1 financial results, based on the completed contracts method, do not fully reflect current operations.