MINDSPACE Mindspace Busine Q4 FY25 results (Jan–Mar 2025) and concall
Mindspace REIT delivered its strongest operational performance since listing, characterized by record-breaking leasing activity and significant portfolio expansion through acquisitions. The company successfully navigated SEZ vacancy concerns, leasing 57% of converted areas, and is aggressively expanding its data center footprint. Management remains bullish on GCC-led demand, particularly in Hyderabad, and expects further distribution growth driven by occupancy gains and debt refinancing.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|
| Revenue | 292 | 286 | 280 |
| EBITDA | 286 | 280 | 272 |
| Net profit | 198 | 189 | 184 |
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.
