Mahindra Lifespace Shares Soar 6% on Robust Q3 Profit, Strong Residential Sales

• Mahindra Lifespace Developers Limited (MLDL) reported strong Q3 FY26 results, with shares gaining over 6%.
• Consolidated residential and IC&IC sales reached ₹707 crore, driven by a sharp recovery in residential performance.
• Residential pre-sales significantly jumped to ₹572 crore (0.60 million sq ft) from ₹334 crore in Q3 FY25.
• The IC&IC business saw revenues rise to ₹134 crore, leasing 17.9 acres across industrial parks.
• Consolidated profit after tax was ₹109 crore, a turnaround from a ₹23 crore loss in the previous year, supported by three project completions.

Why It Matters: Mahindra Lifespace posted a strong Q3 FY26 profit, fueled by robust residential sales and industrial leasing.