Mahindra Lifespace Developers announced a net profit of ₹51.26 crore for the first quarter of fiscal year 2026. The company's income was ₹40.61 crore. A rights issue improved the balance sheet. Gross development value additions reached ₹3,500 crore. Residential pre-sales were ₹449 crore. The IC&IC business saw healthy leasing activity in Jaipur and Chennai.
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