Mahindra Lifespace Developers Ltd

Mahindra Lifespaces Adds ₹10,600 Cr GDV in 9M, PAT at ₹208 Cr 📊

- Added GDV of ₹10,600 crore in 9M through projects in Mumbai, Bengaluru, and Pune

- Residential pre-sales for Q3 were ₹572 crore

- 9M consolidated residential and IC&IC sales totaled ₹2,125 crore

- 9M PAT of ₹208 crore compared to loss of ₹24 crore in same period last year

- Residential collections in 9M were ₹1,472 crore, showing 8% year-over-year growth

- IC&IC business reported Q3 revenues of ₹133.7 crore

- Aiming for sales of ₹8,000-10,000 crore and GDV addition of ₹47,000 crore

- Key launches in 9M included NewHaven, Marina64, Citadel T-L, and Lakewoods H&I