Outcome of Board Meeting

22 October 2026 BSE Limited National Stock Exchange of India Limited Corporate Services, Exchange Plaza, Piroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai 400051 Security BSE NSE ISIN Equity Shares 532313 MAHLIFE INE813A01018 Sub: Outcome of the Board Meeting held on 22 October 2026 – Unaudited Standalone and Consolidated Financial Results of the Company for the second quarter and half year ended 30 September 2026 – Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Ref: Intimation of Board Meeting vide letter dated 29 September 2026 Dear Sir / Madam, Pursuant to the applicable provisions of the Listing Regulations, the Board of Directors of Mahindra Lifespace Developers Limited (“the Company”), at its meeting held today viz. Thursday, 22 October 2026, commenced at 11.48 a.m. and concluded at 01:50 p.m., inter alia, considered and approved Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended on 30 September 2026, subjected to Limited Review of the Statutory Auditors of the Company. Accordingly, we are enclosing the following: a) A copy of Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended on 30 September 2026; b) Unmodified Limited Review Report on the Unaudited Standalone and Consolidated Financial Results of the Company for the second quarter and half year ended on 30 September 2026, issued by the Company’s Statutory Auditors, M/s. Deloitte Haskins & Sells LLP; c) Extract of the newspaper publication of the Unaudited Consolidated Financial Results for the second quarter and half year ended 30 September 2026 in prescribed format to be published in print and electronic versions of the newspapers. The results will be available on the website of Stock Exchange(s) on the links www.nseindia.com and www.bseindia.com and on the website of the Company at link https://www.mahindralifespaces.com/investor-center/financial-reporting/quarterly-results/ You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Encl: As above DeI 01— e charteredAccountants Commerz ii,30th&31stfloors Haskins & Sells LLP International BusinessPark Qif Western ExssHighway Goregaon(East) Mumbai-400063 Maharashtra,India INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF MAHINDRA LIFESPACE DEVELOPERS LIMITED 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of MAHINDRA LIFESPACE DEVELOPERS LIMITED (“the Company”), for the quarter and half year ended September 30, 2026 (“the Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“md AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware ofall significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For DELOITTE HASKINS & SELLS LLP Chartered Accountants Firm’s Registration No. 117366W/W-100018 Nilesh Shah Partner Membership No. 049660 UDIN: 2.6049 GOrjv0Mc9lot Place: Mumbai Date: October 22, 2026 Regd.Office:OneInternational Center,Tower3, 31st floor,SenapatiBapat Marg, Elphinstone Road(West), Mumbai-400013, Maharashtra, India. Deloitte Haskins&SellsLLPis registeredwith Limited LiabilityhavingLLPidentification No:MB-8737 MahindraLifespaceDevelopersLimited CIN L45200MHI999PLC118949 Tel.: 022-67478800 Website:v.mahindrallfespaces.com Regislere-sOffice MehindreTowers. 4thFlee,.Work, Mumbai 400i8 Statementofstandaloneunauditodfinancial resultsforthequarterand halfyearended 30thSeptember,2026 (Rs.inIakhs) QuarterEnded HalfYearEnded YearEnded PartIculars 30.09.2025 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudlted Unaudited Unaudited Unaudlted AudIted 1 Rever,jefromoperaLons I 573 33,124 1.197 34.697 3.750 66,032 2 OWe,inca-ne(referqote5. 7 and8) 23 140 6.572 4.510 29,712 7,809 31.734 3 Total Income11+2) 24713 39,696 5.707 64,409 11.559 1,17,766 4 Expenses: a)Costofsales -Constructionexpensesincurred 79.715 25,764 21.203 1.05.479 38.137 95,700 - ChangesIninventoriesofwork-in-progressandfinishedgoods (78,502) (4,371) 119.716) (82,973) (33,920) (16.2531 -Operatingexpenses (0 784 21 794 88 2.823 b)Employeebenefitsexpense 2,978 3,104 2,818 6,082 5,412 11.870 cjFinancecosts 505 187 384 692 1.676 2.098 d)Depreciationandamorlisationexpense 381 468 646 849 1.250 2,364 e)Otherexpenses 3,249 2.464 2.250 5.713 5,105 12,003 Totalexpenses 8,236 28,400 7,604 36,636 17,748 1,08,605 5 Profit/(loss) beforeexceptional Itemsandtax (3-4) 16,477 11,296 (1,8971 27,773 (6,189) 9161 6 Exceptional Items (refernote6) (360) ‘ . - - - 7 ProfItI(toss) beforetax(5+6) 16,477 11,296 (1.897) 27,773 (6,189) 6,801 8 Taxexpense/(credtx(: a)Currenttax 1,616 596 (.474 2.2t2 1,482 2.232 hiCalerredtar 2,118 1.887 l92O 3,805 1 838) (641) 9 ProfitI(loss)aftertax(7.81 12,743 9,013 (2,451) 21,756 (5.833) 7.210 10 Othercompresensive nccme I(toss) Itemsthatwillnotbereclassifiedtoprofitorss - Rerreasurernentsofthedefinedbenefitliabilities(retoftaxes( - - - - - 176) 11 TotalComprehensiveIncomeI(loss)(9t10( 12,743 9.013 (2.451) 21756 (5,833) 7,134 12 Pail-ipeqLitysharecapital(Faceva:ueo’Rs 10!-each( )referrMte3) 21,337 V.334 21.328 21.337 21.328 2t.334 13 OthereqLityasatbalancesheetdate 2.84.756 14 Earningspereo’Jyshare(FacecakeofRs 10g.ea:b( Rs alBasic 591 422 (1.26) 1020 (3,01) 354 hiDiluted 506 422 (1 26) 10.18 (3.01) 353 BasicandDilutedEPSforallperiods. exceotyearended31.03.2026arenotannualised ijnauditedStandaloneBalancesheetasat30thSeptember.2026 (Ra.InIakhs) Asat Asat 3009.2026 31.03,2026 Ljnaudlted Audited ASSETS Non currentassets Property, plantandequipment 83T 954 Rightofuseassets 1.245 1.612 Capitalwork-in-progr [Showing first 8,000 characters — download PDF for full document]