Summary of Key Information:
Reporting Period: First quarter ended 30 June 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Standalone and Consolidated Financial Results
Audit Opinion:
Unmodified Limited Review Report from Statutory Auditors Deloitte Haskins & Sells LLP
Key Financial Highlights [₹ Lakhs]:
Consolidated Results:
Revenue from Operations: Not separately disclosed in financial table (Press Release shows ₹962 crore consolidated revenues)
Total Income: ₹97,754 lakhs for Q1 FY27 vs ₹4,061 lakhs in Q1 FY26
Net Profit: ₹8,555 lakhs for Q1 FY27 vs ₹5,126 lakhs in Q1 FY26
EPS: Basic ₹4.01, Diluted ₹4.00
Other Equity: ₹3,41,353 lakhs as at balance sheet date
Standalone Results:
Total Income: ₹39,696 lakhs for Q1 FY27 vs ₹5,852 lakhs in Q1 FY26
Profit before tax: ₹11,296 lakhs for Q1 FY27 vs (₹4,292) lakhs in Q1 FY26
Profit after tax: ₹9,013 lakhs for Q1 FY27 vs (₹3,382) lakhs in Q1 FY26
Operational Highlights from Press Release:
Consolidated Sales (Residential and IC&IC): ₹966 crore, 70% YoY growth
Gross development value additions: ₹5,600 crore in Q1 FY27 vs ₹3,500 crore in Q1 FY26
Residential pre-sales: ₹925 crore, 106% YoY growth (saleable area 0.60 msft, RERA carpet area 0.39 msft)
IC&IC revenues: ₹41 crore vs ₹120 crore in Q1 FY26
Residential collections: ₹527 crore for Q1 FY27 vs ₹518 crore for Q1 FY26
Net debt to equity ratio: -0.20 (cash surplus) as of 30 June 2026
Segment-wise Performance:
The Chief Operating Decision Maker monitors construction and development of real estate projects as a single operating segment. The Company operates only in India.
Corporate Actions:
Dividend: Not declared in this quarter
ESOP Allotment: Board approved allotment of 31,000 new fully paid-up Equity Shares of ₹10 each under Employee Stock Options Scheme 2012. Issued equity capital increased from ₹213,55,33,490 to ₹213,58,43,490. Distinctive numbers: 221878552 to 221909551.
Other Significant Information:
The Company recognizes revenue using Completed Contracts Method under Ind AS 115
The Group includes 27 entities: 14 subsidiaries, 8 joint ventures, and 5 associates
Exceptional items include impact of new Labour Codes implementation with incremental retiral benefits impact of ₹493 lakhs (consolidated) and ₹360 lakhs (standalone)
During previous year, acquired remaining 25.65% equity stake in Mahindra Homes Private Ltd, making it wholly owned subsidiary
Mahindra Blossom Developers Limited incorporated on 2 January 2026, later 49% stake sold to Mitsui Fudosan (Asia) Pte Ltd on 23 March 2026