Realty firm Mahindra Lifespace Developers Ltd has reported a consolidated net profit of Rs 47.91 crore for the second quarter of this fiscal year. The company had posted a net loss of Rs 14.01 crore in the year-ago period. Total income rose to Rs 33.06 crore during July-September period of 2025-26 fiscal from Rs 15.96 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday. Mahindra Lifespace Developers Ltd's development footprint spans 53.30 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 acres of ongoing and forthcoming projects under development/management at its integrated developments/industrial clusters across four locations. The company is the real estate arm of the large business conglomerate Mahindra Group.
At 9:45 AM, Mahindra Lifespace share price was trading 1.88 per cent higher at ₹376.65 per share. In comparison, BSE Sensex was trading 0.51 per cent higher at 82,079.53 levels.
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Realty firm Mahindra Lifespace Developers Ltd has acquired a 13.46-acre land in Pune to develop a housing project worth Rs 3,500 crore. In a regulatory filing late Friday, the company informed that it has acquired the land "in the premier neighbourhood of Nande-Mahalunge in Pune." Mahindra Lifespace, a part of Mahindra Group, did not disclose the name of the seller and also the deal value. The land is estimated to yield a development potential of about Rs 3,500 crore, it said. On Friday, the company also announced that it will redevelop four housing societies at Malad (West) in Mumbai. The company is expecting a revenue of Rs 800 crore from the sale of free area in these four societies. "Spread across about 1.65 acre, the project offers a development potential of Rs 800 crore," it said. Mahindra Lifespace's development footprint spans 49.26 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It has over 5,000
Mahindra Lifespace Developers' shares gained after the company was chosen as the partner for two society redevelopment projects in Mumbai's Chembur.
Mahindra Lifespaces to redevelop two housing societies in Chembur with Rs 1,700 crore potential, strengthening its Mumbai redevelopment pipeline
Mahindra Lifespaces reports a sharp rise in Q1 FY26 profit to Rs 51 crore, despite a significant drop in revenue. The company adds Rs 3,500 crore to its development portfolio
Realty firm Mahindra Lifespace Developers Ltd has acquired around 9 acre land in Bengaluru for nearly Rs 200 crore to develop a housing project. The company has acquired a company named Shreyas Stones Pvt Ltd (SSPL), which owns 8.79 acre land parcel in Bengaluru. In a statement on Monday, Mahindra Lifespace Developers said it has "signed a Share Purchase Agreement (SPA) with SSPL, whereby the shareholders of SSPL have agreed to sell their entire stake (100 per cent of the equity shares)." The company will acquire 10,000 equity shares, having face value of Rs 10 each, for Rs 199 crore. "This acquisition unlocks a premium development opportunity with an estimated Gross Development Value (GDV) of Rs 1,100 crore," the company said. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd said, "This acquisition marks a key milestone in strengthening our presence in North Bengaluru, one of the city's most promising real estate corridors." With this parcel adjoining
Mahindra Lifespace Developers share price rose after the company announced that it emerged as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai.