Mahindra Lifespace Q1 FY27: PAT up 67%, strong pre-sales growth
MAHLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Q1 FY27 consolidated revenue jumped to Rs 962 crore (vs Rs 32 crore in Q1 FY26), partly aided by step acquisition of Mahindra Homes making it a subsidiary. Consolidated PAT grew 67% to Rs 86 crore. Residential pre-sales surged 106% to Rs 925 crore. GDV additions stood at Rs 5,600 crore vs Rs 3,500 crore. Net debt to equity at minus 0.20 (cash surplus). Board also allotted 31,000 shares under ESOS 2012, approved new subsidiary Mahindra Sanctum Developers, appointed Cost Auditor, and changed Internal Auditor.
Strong quarter with robust sales momentum and profitable operations. Cash surplus balance sheet supports further growth. Positive read for shareholders.