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Results · Apr-Jun 2026

Mahindra & Mahindra Q1 FY27 results

BlockbusterBlockbuster: sales up 20% or more & profit up 30% or more on the same quarter last year, with a wider operating margin.

Sales grew 28% to ₹58,188 crore from ₹45,529 crore in Apr-Jun 2025.

Operating profit grew 28% to ₹10,565 crore, an operating margin of 18.2% (up 0.1 points from a year ago).

Net profit grew 37% to ₹5,998 crore from ₹4,377 crore in Apr-Jun 2025.

Against Jan-Mar 2026: sales +6%, net profit +14%.

Apr-Jun 2026 vs a year ago

₹ croreApr-Jun
2026
Apr-Jun
2025
Change
Sales58,18845,529+28%
Operating profit (EBITDA)10,5658,228+28%
Operating margin18.2%18.1%+0.1 pts
Net profit5,9984,377+37%

Consolidated figures. Margins & ratios change in percentage points (pts).

The last 7 quarters

From the company's results filed on BSE (Consolidated). Business numbers only. Education & analysis, not investment advice or a recommendation.

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