MINDSPACE Mindspace Busine Q1 FY26 results (Apr–Jun 2025) and concall
Mindspace REIT delivered a robust Q1 FY26, characterized by record leasing activity and the highest NOI growth since its listing. The company successfully executed its first external acquisition in Hyderabad's financial district, signaling a shift toward a more aggressive inorganic growth strategy. Management's focus on debt optimization and SEZ de-notification has significantly improved occupancy and cash flows, positioning the REIT to target 95% occupancy by year-end.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 292 | 286 | 280 | 289 |
| EBITDA | 286 | 280 | 272 | 283 |
| Net profit | 198 | 189 | 184 | 182 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
