Mahindra Lifespace Developers Limited — Investor Meet, 04-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates
04-08-2025 | 05:21 pm
04-08-2025 | 05:21 pm
Mahindra Lifespace Developers reported strong Q1 FY26: PAT at Rs 51 Cr (up 4x YoY) and Industrial Cluster (IC) revenues up 16% to Rs 120 Cr. Residential pre-sales were Rs 449 Cr. Post a Rs 1,500 Cr rights issue, the company is long-term debt-free with Rs 747 Cr cash. It added Rs 3,500 Cr GDV this quarter, boosting the pipeline to Rs 41,000 Cr. Management aims for Rs 4,500-5,000 Cr sales by FY27. Approval delays in Mumbai, mainly due to environmental clearance issues, are impacting launches, but demand remains robust. Focus is on converting the strong pipeline into launches and sustained growth, especially in the high-profit IC business. #RealEstate #InvestorUpdate
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