MINDSPACE Q1 FY27 results at a glance
MINDSPACE BUSINESS P REIT Q1 FY27 key results metrics| Quarter | Q1 FY27 |
|---|
| Quarter ended | 30 Jun 2026 |
|---|
| Revenue | ₹955 cr |
|---|
| Revenue YoY | +30.9% |
|---|
| Operating profit | ₹601 cr |
|---|
| Operating margin | 63.0% |
|---|
| Net profit | ₹262 cr |
|---|
| Net profit YoY | +67.1% |
|---|
| Net profit QoQ | +31.9% |
|---|
| Net margin | 27.4% |
|---|
| Basic EPS | ₹3.99 |
|---|
| TTM revenue | ₹3,426 cr |
|---|
| TTM net profit | ₹797 cr |
|---|
| TTM net margin | 23.3% |
|---|
MINDSPACE Q1 FY27 results: what the numbers say
MINDSPACE BUSINESS P REIT (MINDSPACE) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹955 cr and a net profit of ₹262 cr, translating into earnings per share of ₹3.99.
Compared with the same quarter a year earlier, revenue grew strongly by +30.9% and net profit grew sharply by +67.1%. Profit rising faster than revenue points to better cost control or operating leverage flowing through the P&L.
Operating profit for the quarter stood at ₹601 cr, an operating margin of 63.0% versus 58.7% a year ago — a gain of 4.3 percentage points.
MINDSPACE quarter-wise results table
Net profit
₹262 cr
+67.1% YoY
Operating profit
₹601 cr
+40.4% YoY
MINDSPACE BUSINESS P REIT (MINDSPACE) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|
| Q1 FY272026-06-30 | ₹955 cr | ₹601 cr | ₹262 cr | 63.0% | 27.4% | ₹3.99 | +67.1% | +31.9% |
| Q4 FY262026-03-31 | ₹890 cr | ₹569 cr | ₹199 cr | 63.9% | 22.3% | ₹3.08 | +128.6% | +10.3% |
| Q3 FY262025-12-31 | ₹852 cr | ₹494 cr | ₹180 cr | 58.0% | 21.1% | ₹2.96 | — | +14.9% |
| Q1 FY262025-06-30 | ₹729 cr | ₹428 cr | ₹157 cr | 58.7% | 21.5% | ₹2.57 | — | +80.4% |
| Q4 FY252025-03-31 | ₹681 cr | ₹386 cr | ₹86.85 cr | 56.7% | 12.8% | ₹1.45 | — | — |
| TTM (last 4 quarters) | ₹3,426 cr | ₹2,092 cr | ₹797 cr | 61.1% | 23.3% | ₹12.60 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
MINDSPACE quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
MINDSPACE BUSINESS P REIT quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
|---|
| Revenue / Sales | ₹955 cr | ₹890 cr | ₹852 cr | ₹729 cr | ₹681 cr |
|---|
| Total expenses | ₹353 cr | ₹321 cr | ₹358 cr | ₹301 cr | ₹295 cr |
|---|
| Gross profit | ₹768 cr | ₹826 cr | ₹740 cr | ₹589 cr | — |
|---|
| Operating profit (EBIT) | ₹601 cr | ₹569 cr | ₹494 cr | ₹428 cr | ₹386 cr |
|---|
| Operating margin | 63.0% | 63.9% | 58.0% | 58.7% | 56.7% |
|---|
| Interest cost | ₹256 cr | ₹220 cr | ₹209 cr | ₹203 cr | ₹156 cr |
|---|
| Profit before tax | ₹366 cr | ₹364 cr | ₹316 cr | ₹259 cr | ₹249 cr |
|---|
| Tax expense | ₹93.84 cr | ₹156 cr | ₹124 cr | ₹92.26 cr | ₹153 cr |
|---|
| Effective tax rate | 25.7% | 42.7% | 39.2% | 35.6% | 61.5% |
|---|
| Net profit (PAT) | ₹262 cr | ₹199 cr | ₹180 cr | ₹157 cr | ₹86.85 cr |
|---|
| Net profit margin | 27.4% | 22.3% | 21.1% | 21.5% | 12.8% |
|---|
| Basic EPS | ₹3.99 | ₹3.08 | ₹2.96 | ₹2.57 | ₹1.45 |
|---|
| Diluted EPS | ₹3.99 | ₹3.08 | ₹2.96 | ₹2.57 | ₹1.45 |
|---|
MINDSPACE results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
|---|
| Revenue YoY | +30.9% | +30.7% | — | — | — |
|---|
| Revenue QoQ | +7.3% | +4.4% | +16.8% | +7.1% | — |
|---|
| Operating profit YoY | +40.4% | +47.3% | — | — | — |
|---|
| Operating profit QoQ | +5.7% | +15.2% | +15.3% | +10.9% | — |
|---|
| Net profit YoY | +67.1% | +128.6% | — | — | — |
|---|
| Net profit QoQ | +31.9% | +10.3% | +14.9% | +80.4% | — |
|---|
| EPS YoY | +55.3% | +112.4% | — | — | — |
|---|
| EPS QoQ | +29.5% | +4.1% | +15.2% | +77.2% | — |
|---|
MINDSPACE annual results history
Full-year performance for MINDSPACE BUSINESS P REIT, useful for reading each quarter in context.
MINDSPACE BUSINESS P REIT annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|
| Revenue / Sales | ₹3,226 cr | ₹2,556 cr | ₹2,386 cr | ₹2,239 cr |
|---|
| Total expenses | ₹1,299 cr | ₹1,081 cr | ₹1,049 cr | ₹1,054 cr |
|---|
| Gross profit | ₹2,901 cr | ₹2,328 cr | ₹1,960 cr | ₹1,824 cr |
|---|
| Operating profit (EBIT) | ₹1,926 cr | ₹1,475 cr | ₹1,337 cr | ₹1,186 cr |
|---|
| Operating margin | 59.7% | 57.7% | 56.0% | 53.0% |
|---|
| Interest cost | ₹836 cr | ₹556 cr | ₹457 cr | ₹343 cr |
|---|
| Profit before tax | ₹1,172 cr | ₹968 cr | ₹911 cr | ₹738 cr |
|---|
| Tax expense | ₹478 cr | ₹454 cr | ₹349 cr | ₹430 cr |
|---|
| Effective tax rate | 40.8% | 46.9% | 38.4% | 58.2% |
|---|
| Net profit (PAT) | ₹652 cr | ₹476 cr | ₹525 cr | ₹284 cr |
|---|
| Net profit margin | 20.2% | 18.6% | 22.0% | 12.7% |
|---|
| Basic EPS | ₹10.55 | ₹8.02 | ₹8.85 | ₹4.78 |
|---|
| Diluted EPS | ₹10.55 | ₹8.02 | ₹8.85 | ₹4.78 |
|---|
Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹955 cr against ₹729 cr in Q1 FY26, and ₹890 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +7.3%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹353 cr, or 37.0% of revenue, with operating profit grew +40.4% year on year.
Margins, tax and profitability
Net profit of ₹262 cr works out to a net margin of 27.4% compared with 21.5% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.
Below the operating line, MINDSPACE BUSINESS P REIT reported profit before tax of ₹366 cr, a tax charge of ₹93.84 cr (effective rate 25.7%), interest cost of ₹256 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹199 cr in Q4 FY26 to ₹262 cr in Q1 FY27, a change of +31.9%.
Trailing twelve months and annual context
Across the trailing four quarters MINDSPACE BUSINESS P REIT has generated revenue of ₹3,426 cr and net profit of ₹797 cr, a trailing net margin of 23.3%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹3,226 cr with net profit of ₹652 cr and EPS of ₹10.55, versus the prior year where revenue grew +26.2% and profit grew +36.9%.
What to watch in the next MINDSPACE quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
MINDSPACE BUSINESS P REIT has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
MINDSPACE results coverage
No results report published for MINDSPACE yet — our desk covers each quarter within minutes of the filing.
MINDSPACE quarterly results FAQs
What were MINDSPACE BUSINESS P REIT (MINDSPACE) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), MINDSPACE BUSINESS P REIT reported revenue of ₹955 cr and net profit of ₹262 cr, a change of +67.1% year on year on +30.9% revenue growth. EPS stood at ₹3.99.
What is MINDSPACE profit margin in Q1 FY27?
MINDSPACE BUSINESS P REIT posted a net profit margin of 27.4% and an operating margin of 63.0% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹3,426 cr and net profit ₹797 cr.
Did MINDSPACE results beat the previous quarter?
MINDSPACE BUSINESS P REIT net profit changed +31.9% quarter on quarter, from ₹199 cr in Q4 FY26 to ₹262 cr in Q1 FY27.
When are MINDSPACE BUSINESS P REIT (MINDSPACE) quarterly results?
MINDSPACE BUSINESS P REIT has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see MINDSPACE latest quarterly results?
Results coverage for MINDSPACE will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the MINDSPACE stock page.
What is MINDSPACE BUSINESS P REIT annual revenue and profit?
For FY26, MINDSPACE BUSINESS P REIT reported full-year revenue of ₹3,226 cr and net profit of ₹652 cr, with EPS of ₹10.55.
How many quarterly results has MINDSPACE declared recently?
Past results dates for MINDSPACE will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
