Realty firm Mahindra Lifespace Developers Ltd's sales bookings rose 21 per cent to Rs 3,405 crore last fiscal on better demand for its residential properties.
Mahindra Lifespace Pre-Sales Rise 21% To ₹3,405 Cr In FY26 On Strong Housing Demand
Mahindra Lifespace records strong pre-sales growth in FY26, driven by rising housing demand across key residential markets
Mahindra Lifespace
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Its sales bookings or pre-sales stood at Rs 2,804 crore in the 2024-25 fiscal.
In its housing business, the fund collection from customers increased to Rs 2,107 crore last fiscal from Rs 1,831 crore in 2024-25.
Most of the listed real estate developers performed well during the last fiscal in terms of sales bookings, even though there has been a slowdown in the pre-sales of the overall market because of a sharp rise in the price post COVID pandemic.
Lower supply in the affordable and mid-income housing segments also contributed to the sluggish pre-sales.
In the real estate sector, the sales bookings are an important operational metrics. The company recognises revenues on either percentage of completion method or when the entire project gets completed.
On Tuesday, Mahindra Lifespace reported a 6 per cent increase in its consolidated net profit to Rs 90.12 crore for the quarter ended March 2026.
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Its net profit stood at Rs 85.09 crore in the year-ago period.
The total income rose sharply to Rs 723.21 crore in the fourth quarter of 2025-26 fiscal from Rs 55.44 crore in the corresponding period of the preceding year.
During the 2025-26 fiscal, the company's net profit rose to Rs 298.17 crore from Rs 61.35 crore in the preceding fiscal year.
Its total income nearly tripled to Rs 1,265.95 crore in the last fiscal from Rs 463.87 crore in the 2024-25 financial year.
Mahindra Lifespace Developers Ltd is one of the leading real estate companies in the country.
The company's development footprint spans 53.65 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 acres of ongoing and forthcoming projects under development / management at its integrated developments / industrial clusters across four locations.