Mahindra Lifespace Q1 FY27 PAT jumps 67% to Rs 85.55 cr
MAHLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra Lifespace Developers reported Q1 FY27 consolidated revenue from operations at Rs 962.13 crores versus Rs 31.97 crores in Q1 FY26. Profit after tax rose to Rs 85.55 crores from Rs 51.26 crores year on year, up about 67 percent. Standalone PAT was Rs 90.13 crores versus a loss of Rs 33.82 crores year on year. Basic EPS stood at Rs 4.01 versus Rs 2.93. Auditor Deloitte Haskins and Sells LLP issued an unmodified limited review report. Revenue jump is driven by the completed contract method of revenue recognition in real estate.
Strong profit recovery backed by project completions. Clean auditor review. Quarterly real estate revenue stays lumpy due to accounting method.