Mahindra Lifespace Developers532313Real estate development
Mahindra Lifespace reported H1 pre-sales growth of 48% YoY and gave FY guidance of 4,500-5,000 crore rupees in residential pre-sales, targeting 9,500 crore rupees annual pre-sales by FY30
By ScoutQuest · · 1 min read
- H1 consolidated sales growth
- 48 percent year-on-year
- H1 consolidated sales
- over 2,100 crore rupees
- H1 residential pre-sales growth
- 66 percent year-on-year
- H1 GDV additions
- 7,100 crore rupees
- Prior year H1 GDV additions
- 5,200 crore rupees
Heard on business television between 09:37:04 - 09:40:04 IST.
- Consolidated sales (residential plus industrial/IC segment) grew 48% YoY to over 2,100 crore rupees in H1; residential pre-sales grew 66% YoY to almost 2,000 crore rupees.
- Q2 residential pre-sales grew 41% YoY, consolidated sales grew 32% YoY, and GDV additions stood at 1,500 crore rupees.
- IC (industrial) segment saw declining profits even as residential business performed well.
- CEO Amit Kumar Sinha said the company gave first-time guidance of 4,500-5,000 crore rupees in residential pre-sales for the year, based on eight planned launches, five of which have received RERA approval.
- Sinha attributed growth to demand shift from smaller local developers to trusted branded developers, and a healthy GDV of roughly 50,000 crore rupees planned around customer location preferences.
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Source: Live TV News Channel · 23 Oct 2026
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