**Business Performance:** Mahindra Lifespace Developers reported robust Q1 FY27 with consolidated sales of ₹966 Cr, up 70% YoY.

Residential pre-sales surged to ₹925 Cr from ₹449 Cr last year.

While IC&IC revenues were ₹41 Cr compared to ₹120 Cr in Q1 FY26, overall profitability saw a significant jump. **Growth Drivers or Strategy:** The company aims for profitable growth, targeting ₹8,000-₹10,000 Cr in sales by FY30, with a GDV addition target of ₹50,000 Cr.

Strategic focus includes deepening presence in MMR, Pune, and Bengaluru, concentrating on premium/mid-premium segments, and monetizing IC&IC assets. **Recent Developments:** Q1 saw the successful launch of Rainforest and sustained business development momentum, adding ₹5,600 Cr in GDV.

The partnership with Sumitomo for Origins Chennai was extended, and land aggregation accelerated in Origins Pune. **Key Financial Metrics:** Net Profit after tax (PAT) grew 67% YoY to ₹86 Cr.

The balance sheet remains robust with a net debt-to-equity ratio of -0.20 and a cost of debt at 7.5%. **Management Commentary / Outlook:** Management expressed high visibility in its pre-sales plan and projects healthy cashflows of ₹15,300 Cr from planned launches.

The Mahindra Group is committed to supporting MLDL's 5X business growth aspiration by FY30.