Mahindra & Mahindra Ltd (M&M) announced its consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), reporting a 23.4% year-on-year (YoY) rise in net profit at ₹4,376 crore compared to ₹3,545 crore in the same quarter last year. The strong bottom-line growth was led by robust performance in the automotive and farm equipment segments.
Key Financial Highlights (Q1 FY26)
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Net Profit: ₹4,376 crore vs ₹3,545 crore (▲23.4% YoY)
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Revenue from Operations: ₹45,529 crore vs ₹37,218 crore (▲22.3% YoY)
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Total Income: ₹46,446 crore vs ₹37,626 crore (▲23.4% YoY)
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EBITDA: ₹6,656 crore vs ₹5,353 crore (▲24.3% YoY)
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Profit Before Tax (PBT): ₹5,644 crore vs ₹4,621 crore (▲22.2% YoY)
Segment Revenue Performance (Q1 FY26)
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Automotive: ₹25,998.7 crore vs ₹19,776.3 crore (▲31.5% YoY)
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Farm Equipment: ₹10,891.6 crore vs ₹9,710.8 crore (▲12.2% YoY)
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Financial Services: ₹4,973.2 crore vs ₹4,280.3 crore (▲16.2% YoY)
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Industrial & Consumer Services: ₹4,900.6 crore vs ₹4,456.0 crore (▲10% YoY)
Segment Profit Before Tax (PBT) – Key Contributors
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Automotive: ₹2,061.8 crore vs ₹1,786.9 crore (▲15.4% YoY)
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Farm Equipment: ₹1,631.0 crore vs ₹1,539.5 crore (▲5.9% YoY)
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Financial Services: ₹683.8 crore vs ₹656.9 crore (▲4.1% YoY)
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Industrial & Consumer Services: ₹688.4 crore vs ₹630.4 crore (▲9.2% YoY)
Operational Insights
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The Automotive division continued to lead growth, contributing over 56% of total revenue.
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The Farm Equipment segment saw stable momentum with double-digit growth.
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Operating margins expanded, aided by cost discipline and product mix improvements.
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The company’s consolidated EBITDA margin stood at 14.6%, marginally higher YoY.
Outlook
Mahindra remains optimistic about continued demand in the SUV and farm segments, supported by its upcoming EV launches and expansion in key domestic and global markets.
Earlier, Mahindra & Mahindra (M&M) announced that the company has advanced the release of its Q1 FY26 results to today, July 30, instead of the earlier scheduled date of July 31.
