NEW DELHI: Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development business of the Mahindra Group, has reported net consolidated profit after tax of ₹51.26 crore during the quarter ended June 30, 2025. It had registered profit after tax of ₹12.74 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at ₹40.61 crore in Q1 FY26, a dip of 80.25 per cent from ₹206.70 crore it recorded in the similar quarter last year.
Amit Kumar Sinha, managing director & CEO of the company said, “We started the year well with a successful Rights issue in Q1, that has further improved our Balance sheet. We are continuing BD momentum with GDV additions of Rs 3,500 crore. Our residential sales have been lower as we await certain approvals, however, we have several launches planned in the subsequent quarters. Our IC&IC business has been firing on all cylinders, clocking healthy leasing activity across Jaipur and Chennai.”
During the quarter ended June 30, 2025, the company successfully completed a rights issue of 5,81,53,156 equity shares of face value of ₹10 each for a cash price at ₹257 per share, aggregating to ₹1,49,454 lakhs. The funds are being utilised for the repayment of the debt funding acquisition of land parcels and working capital.
As on June 30, 2025, the company’s net worth stood at ₹3,432.83 crore, debt-equity ratio was 0.19, current liability ratio was 0.94, total debts to total assets was 0.09, operating margin -172.10% and net profit margin was 160.34%.
It consolidated sales stood at ₹569 crore, gross development value (GDV) additions in Q1 FY26 were at ₹3,500 crore as against ₹1,400 crore in Q1 FY25. It recorded residential pre-sales of ₹449 crore in Q1 FY26 as compared to ₹1,019 crore in Q1 FY25.
