Mahindra Lifespace Developers Limited — Investor Meet, 05-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Mahindra Lifespace reported strong Q3 residential pre-sales of ₹572 Cr and nine-month consolidated sales of ₹2125 Cr. Q3 PAT stood at ₹109 Cr, with nine-month PAT at ₹208 Cr, notably seeing residential PAT turn positive at ₹64 Cr due to key project Occupancy Certificates. GDV additions were robust at ₹10,600 Cr for the year. Post-Q3, Mahindra Blossom saw sales exceeding ₹1000 Cr. The Industrial Cluster business continued its strong performance with 30% nine-month growth. Management acknowledges a slight market slowdown in luxury segments and launch delays due to new regulatory approvals but maintains confidence in its mid-premium focus and strategic pipeline of ₹47,000 Cr GDV, keeping the FY27 pre-sales target of ₹4,500-5,000 Cr.