MAHINDRA LIFESPACE DEVELOPERS LTD.

Mahindra Lifespace Developers Limited announced that its Board of Directors, in a meeting held on October 22, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended September 30, 2026. The results were subjected to a limited review by the company's statutory auditors, Deloitte Haskins & Sells LLP, who issued an unmodified review report. The financial results will be published in newspapers and will be available on the websites of the stock exchanges and the company.

Mahindra Lifespace Developers Limited announced that its Board of Directors, in a meeting held on October 22, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended September 30, 2026. The results were subjected to a limited review by the company's statutory auditors, Deloitte Haskins & Sells LLP, who issued an unmodified review report. The financial results will be published in newspapers and will be available on the websites of the stock exchanges (NSE and BSE) and the company.

Mahindra Lifespace Developers Limited announced the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended September 30, 2026. The results were subjected to a limited review by the statutory auditors, Deloitte Haskins & Sells LLP. The company will make the results available on the stock exchange websites (NSE and BSE) and its own investor relations website.

Mahindra Lifespace's consolidated PAT for Q2 FY27 (quarter ended 30 September 2026) fell 65.9% year-on-year to ₹16.34 Cr from ₹47.91 Cr in Q2 FY26, even as revenue from operations — a small, lumpy line under the company's Completed Contracts Method of revenue recognition — rose 84.6% YoY to ₹32.42 Cr. Consolidated EPS was ₹0.77 versus ₹2.47 a year ago. No Q2 FY27-specific Street consensus was found in public previews (the result was announced same-day); the only available estimates are full-year FY27 figures (~₹1,000 Cr revenue, EPS ₹12.60, per Simply Wall St/consensus trackers, Buy-rated by all 7 covering analysts), which are not a reliable quarterly proxy given how unevenly this business books revenue. Management's standing FY27 guidance — ₹4,500-5,000 Cr residential presales and ₹10,000-20,000 Cr GDV addition, reaffirmed on the Q1 FY27 call — is not disclosed anywhere in this result filing, so it cannot be checked against this print; that verdict stays open until the concall/investor presentation. The YoY decline is driven almost entirely by the Share of profit of joint ventures and associates line, which nearly halved to ₹42.89 Cr from ₹96.07 Cr a year ago — the real swing factor, since consolidated PBT itself was roughly flat YoY (₹49.50 Cr vs ₹50.74 Cr). That flatness masks a genuine improvement underneath: the core pre-JV segment (construction/development operations before associate profit) swung to a ₹6.61 Cr profit from a ₹45.33 Cr loss a year earlier, helped by total expenses easing to ₹97.41 Cr. But a ₹26.94 Cr gain sits inside this quarter's ₹71.60 Cr consolidated other income, booked on completing the divestment of the Ample Parks Group stakes for ₹76.52 Cr consideration. Stripping that one-off, underlying PBT falls to roughly ₹22.6 Cr and underlying PAT to an estimated ₹7-8 Cr (a precise net-of-tax isolation isn't possible from the disclosed tax lines) — implying an adjusted YoY PAT decline closer to ~84% rather than the reported 66%, a materially weaker underlying quarter than the headline suggests. Standalone results tell a very different story and should not be read as the group's performance: standalone PAT was ₹127.43 Cr (EPS ₹5.97) on other income of ₹231.40 Cr, mostly dividend income from subsidiaries/JVs (the cash-flow statement shows ₹209.15 Cr of H1 dividend income, concentrated in this quarter) that eliminates entirely on consolidation. Readers should anchor on the consolidated ₹16.34 Cr PAT. Sequentially, consolidated revenue and PAT fell 96.6% and 80.9% respectively from Q1 FY27 (revenue ₹962.13 Cr, PAT ₹85.55 Cr) — a timing artifact, not a demand signal, consistent with the company's own note that quarterly results 'do not consider progress on the projects in hand' under Completed Contracts accounting. On the business-development side, the company launched a ₹3,500 Cr residential project and 'Mahindra Rivenza' in Pune during the quarter and added ₹1,500 Cr of GDV via MMR redevelopment — markers for whether the FY27 topline targets stay on track, though none of this contributes to this quarter's P&L yet. No separate management press release was available in our records for this result; the filing carries no qualitative commentary beyond the board-meeting outcome letter.

Mahindra Lifespace Developers Ltd. has launched 'Mahindra Rivenza', a new residential development in Baner Annex, Mahalunge, Pune. The project spans 13.46 acres and has a Gross Development Value (GDV) of approximately ₹3,500 crore. Phase 1 will offer 1,236 units across 2, 3, and 4 BHK configurations. The development boasts extensive amenities, including a 44,000+ sq. ft. clubhouse and over 9 acres of green spaces. Mahindra Rivenza is designed as a Net Zero Waste development and is IGBC pre-certified Gold, emphasizing sustainability. The location offers good connectivity to employment hubs like Hinjawadi and Baner IT hubs.

Mahindra Lifespace Developers Ltd has announced the launch of its new residential project, 'Mahindra Rivenza', located in Mahalunge, Pune. The project has received RERA registration numbers PR1261012602102 and PM1261012602103. The RERA approval was obtained on October 1st, 2026. This launch targets both domestic and international markets. Further details and a press release regarding the launch are available on the company's website and the Maharashtra RERA portal.

Mahindra Lifespace Developers Ltd (MLDL) has expanded its residential redevelopment portfolio in the Mumbai Metropolitan Region (MMR) by acquiring three societies. Two societies are in Borivali and one in Chembur, contributing to existing and new redevelopment projects. These additions are projected to generate a Gross Development Value (GDV) of ₹1,500 crore. Vimalendra Singh, Chief Business Officer – Residential, stated that these acquisitions align with the company's strategy to grow its residential business in established locations and strengthen its diverse portfolio. This move reinforces MLDL's presence in Mumbai's redevelopment market, a key component of its broader residential growth strategy.

Mahindra Lifespace Developers Ltd has announced the closure of its trading window from October 1, 2026, to October 24, 2026. This closure is in compliance with SEBI regulations and the company's internal code for prohibition of insider trading. The trading window will be shut to facilitate a Board of Directors meeting scheduled for October 22, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ending September 30, 2026. The company has also updated its website with this intimation.

Mahindra Lifespace Developers Ltd has announced that its Board of Directors will convene on October 22, 2026. The primary agenda item is to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ending September 30, 2026. In line with SEBI regulations and the company's insider trading code, the trading window for securities will be closed from October 1, 2026, to October 24, 2026, inclusive. Further details are available on the company's investor relations website.

Mahindra Lifespace Developers Ltd has issued an addendum to its Integrated Annual Report for FY 2025-26, rectifying certain sustainability metrics. The revisions primarily concern typographical errors and decimal-level adjustments in greenhouse gas (GHG) emissions data for residential Scope 1, leading to significant corrections in reported figures. For instance, Residential Scope 1 emissions are revised to 89.22 tCO₂e from 1,973.89 tCO₂e. The Water Positivity Index for IC&IC (O&M) is also corrected to 45.08% from 108.05%. These changes, verified by Bureau Veritas (India) Private Limited, do not impact the company's operational activities, sustainability strategy, or long-term targets, but ensure greater accuracy in environmental performance disclosures.