MINDSPACE

What Mindspace Busine promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY26

what the last two calls moved 10 tracked 3 delivered 2 missed 5 open
  • Leasing of Vacant SEZ Space delivered said Q4 FY24 Promised: Lease 1.8 million sq ft vacant space in Navi Mumbai in the next 1.5 years. Q1 FY26: 1.6 million sq ft of the demarcated 2.3 million sq ft has been leased.
  • Incremental Rental Revenue went quiet said Q4 FY24 Promised: Generate rentals of another Rs.800 crores from organic growth in 3-4 years. Q1 FY26: This long-term target was not addressed or updated in the latest quarter's call.
  • Capacity Completion (R2 Pune) delayed said Q4 FY24 Promised: Complete 1 million sq ft R2 building in Pune by end of 2024. Q1 FY26: Delivered in Q4 FY25 (Jan-Mar 2025), a one-quarter delay from the 'end of 2024' target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 10 tracked commitments for Mindspace Busine — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens