5323132025-10-012025-12-315323132025-04-012025-12-315323132025-10-012025-12-31in-capmkt:OtherExpenses1Member5323132025-10-012025-12-31in-capmkt:OtherExpenses2Member5323132025-04-012025-12-31in-capmkt:OtherExpenses1Member5323132025-04-012025-12-31in-capmkt:OtherExpenses2Member5323132025-10-012025-12-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532313MAHLIFENOTLISTEDINE813A01018MAHINDRA LIFESPACE DEVELOPERS LIMITEDMain BoardEquity2025-04-012026-03-312026-02-022025-12-29INRLakhsQuarterlyThird quarterSingle segmentProjects, project management and development2026-02-0212:00:002026-02-0214:30:00Declaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated459160000099200000469080000084089000000-48236000003200000001770000056700000388400000436810000032270000025830500058100500039200000166400000205600000037540500000071340000010888050000108880500010888000000108880000002133100000105.435.42005.435.420.00190.00060.03221 The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Parent company at their respective meeting held on 2nd February 2026. The unaudited consolidated financial results for the quarter and nine month ended 31st December 2025 have been subjected to limited review by the statutory auditors. <BR> 2 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 wef 27th June 2025 xii Mahindra Homes Private Ltd wef 28th November 2025 consolidated using line by line consolidation method under Ind AS. <BR> 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 till 28th November 2025 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. <BR> 3 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. <BR> 4 Pursuant to exercise of stock options by eligible employees under ESOS 63037 shares and 36055 shares were alloted for the nine months ended 31st December 2025 and quarter ended 31st December 2025 respectively. <BR> 5 On 21st November 2025 the Government of India notified the four Labour Codes the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 collectively new Labour Codes consolidating 29 existing labour laws. In accordance with the new Labour Codes the Group has currently estimated the incremental impact on retiral benefits to be Rs 493 lakhs. Considering regulatory driven and non recurring nature of this impact this has been presented under Exceptional Items in the consolidated financial results. The Group continues to monitor developments on the Rules to be notified by regulatory authorities including clarifications additional guidance from authorities and will continue to assess the accounting implications basis such developments guidance. <BR> 6 During the period the Company acquired the remaining 25.65 percent equity stake economic interest 50 percent in Mahindra Homes Private Ltd increasing its total shareholding to 100 percent and thereby obtaining control effective 28th November 2025. Accordingly the entity has become a wholly owned Subsidiary of the Company. <BR> The transaction has been accounted for as a step acquisition in accordance with Ind AS 103 by remeasuring the previously held interest at fair value resulting in a gain of Rs. 3076 lakhs recognised in the Consolidated Statement of Profit and Loss as exceptional item. <BR> 7 Mahindra Blossom Developers Limited MBLDL has been incorporated on 2nd January 2026 as a wholly owned subsidiary of the Company. <BR> 8 During the nine months ended 31st December 2025 the Company successfully completed a rights issue of 58163456 equity shares of face value of Rs 10 each for a cash price at Rs 257 per share aggregating to Rs 149480 lakhs. The funds are being utilised for the repayment of the debt funding acquisition of land parcels and working capital. <BR> 9 Earnings per share for the comparative periods have been retrospectively adjusted for effect of rights issue during the quarter and nine months ended 31st December 2025. <BR> 10 During the nine months ended 31st December 2025 Mahindra Industrial Park Private Limited MIPPL modified the terms of non convertible debentures NCDs 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. <BR> 11 During the nine months ended 31st December 2025 Mahindra World City Jaipur Limited MWCJL redeemed its non convertible debentures NCDs 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. <BR> 12 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 and nine months ended 31st December 2025 are not representative of the current operations. <BR> 13 The Chief Operating Decision Maker monitors and reviews the performance of the operating segment ie 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. <BR> 14 The Standalone Financial results for the quarter and nine months ended 31st December 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 <BR> 15 Previous period year figures have been regrouped wherever found necessary to conform to current period year classification.2025-04-012025-12-31UnauditedConsolidated50869000003406000005427500000152206000000-11208900000902900000757000001827000009493000006122300000-694800000258305000-436495000198400000-611000001373000000-57379500000026543000002080505000020805050002080200000300000208020000030000021331000001010.3710.350010.3710.350.0019-0.0006-0.0079Operating Expenses125800000Other Expenses262600000Operating Expenses134600000Other Expenses814700000000000UnauditedtrueMs Deloitte Haskins and sells LLPtrue2027-07-31