Mahindra Lifespace Developers' Q2 FY 2025-26 Quarterly Results

Result Summary

• Mahindra Lifespace Developers Ltd reported a 18.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 107.1%.
• Its expenses for the quarter were down by 19.2% QoQ and up 18.2% YoY.
• The net profit decreased 6.5% QoQ and decreased 442.0% YoY.
• The earnings per share (EPS) of Mahindra Lifespace Developers Ltd stood at 2.46 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mahindra Lifespace Developers Ltd is a prominent real estate and infrastructure development company in India. It is part of the Mahindra Group, which is a well-known conglomerate with diversified interests. The company's primary business includes developing residential and commercial properties. Mahindra Lifespace Developers Ltd is recognized for its focus on sustainable urbanization and has been involved in creating integrated cities and industrial clusters. With a commitment to green architecture and sustainable communities, the company aims to address the housing and infrastructure needs of a burgeoning urban population. Recent developments in the company may not be readily available in the provided data, necessitating further exploration beyond the financial metrics presented.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Mahindra Lifespace Developers Ltd reported a total income of ₹33.06 crores. This represents a decline of 18.6% from the previous quarter (Q1FY26), where the total income was ₹40.61 crores. However, compared to the same quarter in the previous fiscal year (Q2FY25), the company's total income showed a substantial increase of 107.1%, rising from ₹15.96 crores. This year-over-year (YoY) growth reflects a significant enhancement in the company's revenue generation capabilities despite the quarter-over-quarter (QoQ) contraction observed in the latest quarter.

Profitability

The company's profitability metrics for Q2FY26 reveal a profit before tax (PBT) of -₹45.33 crores, an improvement from -₹56.42 crores in Q1FY26, marking a QoQ improvement of 19.7%. Compared to the same quarter last year (Q2FY25), where PBT was -₹50.37 crores, there is a YoY improvement of 10.0%. Taxes for Q2FY26 were at ₹2.83 crores, compared to a tax credit of -₹9.66 crores in the prior quarter, resulting in a significant QoQ change of 129.3%. The profit after tax (PAT) stands at ₹47.91 crores, down from ₹51.26 crores in Q1FY26, a decline of 6.5%. However, compared to a loss of -₹14.01 crores in Q2FY25, this represents a notable improvement of 442.0%.

Operating Metrics

The earnings per share (EPS) for Q2FY26 is reported at ₹2.46, which reflects a decrease from ₹2.93 in Q1FY26, marking a reduction of 16.0%. However, there is a significant YoY improvement from an EPS of -₹0.90 in Q2FY25, indicating a marked recovery in shareholder value generation. Total expenses for the quarter were ₹78.39 crores, down 19.2% from ₹97.03 crores in the previous quarter, yet 18.2% higher than the ₹66.33 crores recorded in the same quarter last year. This fluctuation in expenses may impact the company's operational efficiency and cost management strategies.