Mumbai, October 22, 2026 – Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ended 30th September 2026 today. In accordance with INDAS 115, Company recognizes its revenues on completion of contract method.
Commenting on the performance, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “We have had a great H1 to FY 27 with ~66% growth in pre-sales. We also had successful launches in Rainforest, BeaconHill and Citadel Ph 3 during H1. BD continues to be robust with 7.1K Cr of GDV additions. Our IC&IC business has strong pipeline, expected to close in H2 FY27. Strong PAT delivery for H1 and our balance sheet continues to remain healthy.”
Notes:
1. Company uses carpet areas in its customer communication. However, the data in saleable area terms has been presented here to enable continuity of information to investors and shall not be construed to be of any relevance to home buyers / customers.
2. The operational highlights include the performance of the Company and its subsidiaries / joint ventures / associates.
Established in 1994, Mahindra Lifespace Developers Ltd. (‘Mahindra Lifespaces’) brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems. The Company’s development footprint spans 55.90 million sq. ft. (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities; and over 5500 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations. Mahindra Lifespaces’ development portfolio comprises premium residential projects; value homes under the ‘Mahindra Happinest®’ brand; and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands, respectively. The Company leverages innovation, thoughtful design, and a deep commitment to sustainability to craft quality life and business growth.
As a pioneer in Net Zero homes in India, Mahindra Lifespaces is committed to building only Net Zero homes from 2030 onwards. The company has already launched India’s first three Net Zero residential developments: One Net Zero Energy and two Net Zero Energy+ Waste, showcasing its dedication to environmental responsibility and innovation. With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040 and actively supports research on green buildings tailored to climatic conditions in India. Mahindra Lifespaces® is the recipient of over 90 awards for its projects and ESG initiatives. Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 324,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
Origins by Mahindra, Chennai is a future-ready industrial ecosystem designed for businesses that aspire to scale sustainably and competitively. Strategically located along NH-16 and key industrial corridors, it brings together world-class infrastructure, seamless connectivity, and the trust of Brand Mahindra. As Tamil Nadu’s first IGBC Platinum pre-certified industrial cluster and a joint venture with Sumitomo Corporation, Japan, Origins offers plug-and-play infrastructure, clear land titles, and an environment built for ease of doing business, supporting industries across automotive, aerospace, engineering, electronics, logistics, medical devices, and more.
Set amid a unique natural landscape of reserve forests and water bodies, Origins balances industrial growth with strong sustainability commitments, including carbon neutrality, water security, and zero waste to landfill. Backed by Tamil Nadu’s robust industrial ecosystem, skilled talent pool, and global connectivity via ports, rail, road, and air, Origins by Mahindra, Chennai is more than an industrial destination. It is a long-term growth platform where global ambition, resilient infrastructure, and responsible development come together to build for the future.
Back to Press Releases
