5323132026-01-012026-03-315323132026-03-315323132025-03-315323132025-04-012026-03-315323132026-01-012026-03-31in-capmkt:OtherExpenses1Member5323132026-01-012026-03-31in-capmkt:OtherExpenses2Member5323132025-04-012026-03-31in-capmkt:OtherExpenses1Member5323132025-04-012026-03-31in-capmkt:OtherExpenses2Member5323132026-03-31OtherNoncurrentFinancialAssetsDomain15323132026-03-31OtherNoncurrentAssetsDomain15323132026-03-31OtherNoncurrentAssetsDomain25323132026-03-31OtherCurrentFinancialAssetsDomain15323132026-03-31OtherCurrentAssetsDomain15323132026-03-31OtherNoncurrentFinancialLiabilitiesDomain15323132026-03-31OtherCurrentFinancialLiabilitiesDomain15323132026-03-31OtherCurrentLiabilitiesDomain15323132026-01-012026-03-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532313MAHLIFENOTLISTEDINE813A01018MAHINDRA LIFESPACE DEVELOPERS LIMITEDMain BoardEquity2025-04-012026-03-312026-04-282026-03-27INRLakhsQuarterlyFourth quarterSingle segmentProjects, project management and development2026-04-2811:30:002026-04-2814:35:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31UnauditedConsolidated6696200000535900000723210000067276000000-67030000036970000033400000560000007081000007224500000760000007600000-646000005800000-58800000066400000000834800000901200000-79000008933000008932000001000009011000001000002133400000104.424.41004.424.410.00180.00010.00681. The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 28th April 2026. The Consolidated financial results for the quarter ended 31st March 2026 have been subjected to limited review and consolidated financial results for the year ended 31st March 2026 have been audited by the statutory auditors. <BR> 2. The figures for the quarter ended 31st March 2026 and 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. <BR> 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 xii Mahindra Homes Private Ltd w.e.f. 28th November 2025 xiii Mahindra Blossom Developers Limited w.e.f. 2nd Janurary 2026 till 23rd March 2026 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 xiv Mahindra Blossom Developers Limited w.e.f. 23rd March 2026 consolidated as per equity accounting under Ind AS 28. <BR> 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. <BR> 5. Pursuant to exercise of stock options by eligible employees under ESOS 91499 shares and 28462 shares were alloted for the year ended 31st March 2026 and quarter ended 31st March 2026 respectively. <BR> 6. 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 or additional guidance from authorities and will continue to assess the accounting implications basis such developments or guidance. <BR> 7. During the year 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> 8. Mahindra Blossom Developers Limited MBLDL has been incorporated on 2nd January 2026 as a wholly owned subsidiary of the Company. The Company sold 49 percent of its equity stake in Mahindra Blossom Developers Limited to Mitsui Fudosan Asia Pte Ltd pursuant to a share purchase arrangement dated 23rd March 2026 at its carrying value. The said share purchase arrangement confers certain participation rights to Mitsui Fudosan Asia Pte Ltd. Consequently based on an assessment of the rights and obligations arising from the arrangement management has determined that Mahindra Blossom Developers Limited meets the definition of a joint venture in accordance with Ind AS 111 Joint Arrangements. Accordingly Mahindra Blossom Developers Limited has been classified as a joint venture of the Company with effect from 23rd March 2026. <BR> Subsequent to the above the group has transferred its Alembic undertaking on a slump sale basis as defined under Section 2 42C of the Income tax Act 1961 to Mahindra Blossom Developers Limited as a going concern pursuant to the terms of the Business Transfer Agreement with effect from 23rd March 2026 for a lump sum consideration of Rs 55880 lakhs. Consequent to the transfer all assets and liabilities pertaining to the said undertaking have been derecognised from the books of the Company at their respective carrying amounts. The difference between the consideration received and the net carrying value of the assets and liabilities transferred amounting to Rs 4197 lakhs has been recognised as profit on slump sale and disclosed under Other Income in the Statement of Profit and Loss for the year. <BR> 9. During the year 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> 10. Earnings per share for the comparative periods have been retrospectively adjusted for effect of rights issue during the year. <BR> 11. During the year 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> 12. During the year 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> 13. 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 year ended 31st March 2026 are not representative of the current operations. <BR> 14. 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. <BR> 15. The Board has recommended a dividend of Rs. 3.5 per share on equity share of Rs. 10 each 35 percent subject to approval of members of the Company at the forthcoming annual general meeting. <BR> 16. The Standalone Financial results for the quarter and year ended 31st March 2026 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> 17. Previous period or year figures have been regrouped wherever found necessary to conform to current period or year classification.2025-04-012026-03-31AuditedConsolidated1178310000087650000012659600000219482000000-118792000001272600000109100000238700000165740000013346800000-687200000258300000-428900000133800000-55300000785000000-50740000000034891000002981700000-79000002973800000297340000040000029813000004000002133400000103413530000014.6414.610014.6414.610.0018-0.0005-0.0049Operating Expense224700000Other Expenses483400000Operating Expense359300000Other Expenses1298100000264800000101100000009000000000118093000000508700000169380000014011800000233480000016721500000517536000008807000002281100000793400000455280000003036000008811600000056616000006622680000082948300000213340000034135300000362687000001100000362698000000000777000007770000016080000000238500000645250000025920000045804000004839600000103790000012330000000339246000001788000006600000046440000000004667850000082948300000Other non-current financial assets1693800000Deferred tax assets (net)1136000000Other non-current assets1198800000Other current financial assets303600000Other current assets5661600000Other non-current financial liabilities77700000Other current financial liabilities1037900000Other current liabilities33924600000109100000-4325800000-42829000000000004662100000000238700000000000041470000076200000117000000-4558000000-2200000000-4601400000-50303000000004190000000-544930000053558000002759500000029385000001214700000000150000018140000000000000000006815000001300000000010077000004079000000-3005500000-14488000000014855300000000002867830000036868300000114500000597300000640500000005313000000-15851000000-158510000023785000007934000007900000790000000-7900000-7900000AuditedtrueMs Deloitte Haskins and sells LLPtrue2027-07-31