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been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 25th July 2025. The unaudited consolidated financial results for the quarter ended 30th June 2025 have been subjected to limited review by the statutory auditors. &lt;BR&gt; 
2.The figures for the quarter ended 31st March 2025 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the previous financial year. 3.These results include the result of subsidiaries viz. i. Mahindra Infrastructure Developers Ltd ii. Mahindra World City Maharashtra Ltd iii. Knowledge Township Ltd iv. Mahindra Bloomdale Developers Ltd v. Industrial Township Maharashtra Ltd vi. Anthurium Developers Ltd vii. Mahindra Water Utilities Ltd viii. Deepmangal Developers Private Ltd ix. Moonshine Construction Private Ltd x. Rathna Bhoomi Enterprises Private Ltd xi. Shreyas Stones Private Ltd w.e.f. 27th June 2025 consolidated using line by line consolidation method under Ind AS. &lt;BR&gt; 
These results also include the result of joint venture entities and associates viz. i. Mahindra World City Developers Ltd ii. Mahindra World City Jaipur Ltd iii. Mahindra Industrial Park Private Ltd iv. Mahindra Industrial Park Chennai Ltd v. Mahindra Homes Private Ltd vi. Mahindra Happinest Developers Ltd vii. Mahindra Knowledge Park Mohali Ltd viii. Mahindra Inframan Water Utilities Private Ltd ix. Ample Parks and Logistics Private Ltd x. Ample Parks Project 1 Private Ltd xi. Ample Parks Project 2 Private Ltd xii. Ample Parks MMR Private Limited xiii. Mahindra Construction Company Ltd Consolidated as per equity accounting under Ind AS 28. &lt;BR&gt; 
4.The consolidated financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 34 Interim Financial Reporting Ind AS 34 as prescribed under Section 133 of the Companies Act 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. &lt;BR&gt; 
5.Pursuant to exercise of stock options by eligible employees under ESOS 14787 shares were alloted during the quarter ended 30th June 2025. &lt;BR&gt; 
6.During the quarter ended 30th June 2025 the Company successfully completed a rights issue of 58153156 equity shares of face value of Rs 10 each for a cash price at Rs 257 per share aggregating to Rs 149454 lakhs. The funds are being utilised for the repayment of the debt funding acquisition of land parcels and working capital. &lt;BR&gt; 
7.Earnings per share for the comparative periods have been retrospectively adjusted for effect of rights issue during the quarter. &lt;BR&gt; 
8.During the quarter ended 30th June 2025, Mahindra Industrial Park Private Limited MIPPL modified the terms of non-convertible debentures issued by MIPPL which resulted in a exceptional gain of Rs. 2452 lakhs net of tax and the same is recognised in the Share of profit of joint ventures and associates. &lt;BR&gt; 
9.During the quarter ended 30th June 2025 Mahindra World City Jaipur Limited MWCJL redeemed its non-convertible debentures at a mutually agreed price. The resultant exceptional gain on such redemption of the instrument is of Rs. 1866 lakhs net of tax  and recognised in the Share of profit of joint ventures and associates. &lt;BR&gt; 
10.The Group is a real estate Company engaged in construction and development of real estate projects and the revenue is recognized using Completed Contracts Method under Ind AS 115 and as such the results for the quarter ended 30th June 2025 are not representative of the current operations. &lt;BR&gt; 
11.The Chief Operating Decision Maker monitors and reviews the performance of the operating segment i.e construction and development of real estate projects as a single operating segment. Considering that there is only one reportable segment there are no additional disclosures to be provided under Ind AS 108  Segment information The Group operates only in India. &lt;BR&gt; 
12.The Standalone Financial results for the quarter ended 30th June 2025 are summarized below and detailed financial report is also available on the Stock Exchange website www.nseindia.com www.bseindia.com and Companys website www.mahindralifespaces.com. &lt;BR&gt; 
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