Did Mahindra & Mahindra's Profit Increase by 24% to 4,083 Crore in Q1?

Synopsis
Key Takeaways
- Net profit of Rs 4,083 crore represents a 24% year-on-year increase.
- Revenue from operations rose by 22% to Rs 45,529 crore.
- Automotive sector remains the largest revenue contributor at Rs 25,998 crore.
- Total expenses increased by 19% to Rs 41,280 crore.
- Company is focused on sustaining growth and margin expansion.
Mumbai, July 30 (NationPress) Mahindra and Mahindra's net profit for the first quarter of the fiscal year 2026 (Q1 FY26) reached Rs 4,083 crore, reflecting a remarkable 24 percent increase compared to the previous year, as reported in an exchange filing on Wednesday.
In the same quarter last year, the company reported a consolidated net profit of Rs 3,283 crore. Additionally, the net profit for the reviewed quarter showed a substantial rise from Rs 3,541.85 crore in Q4 FY25.
During the April-June quarter, the company's operational income surged by 22 percent to Rs 45,529 crore, up from Rs 37,218 crore in the same quarter of the previous year.
The automotive segment, contributing Rs 25,998 crore, was the largest revenue source, followed by farm equipment at Rs 10,891.5 crore. Financial services accounted for Rs 4,973 crore, while the industrial business and consumer services together brought in Rs 4,900 crore.
Consolidated expenses for Q1 escalated by 19 percent to Rs 41,280 crore, up from Rs 33,330 crore year-on-year.
Mahindra & Mahindra emphasized that both the automotive and farm sectors continue to show growth and profitability, with profits increasing by 20 percent.
The company's financial services AUM also saw a 15 percent increase.
Among the growth sectors, Mahindra Logistics experienced a robust revenue rise of 14 percent, and MHRIL expanded its room inventory by 10 percent, as stated in the exchange filing.
“Q1 F26 has been a remarkable quarter, showcasing broad-based growth across all our sectors. The operational excellence in our Automotive and Farm sectors is evident from the sustained market share gains and margin growth,” said Anish Shah, Group CEO and Managing Director of M&M Ltd.
Tech Mahindra is experiencing positive momentum in deal acquisitions while maintaining cost discipline, steadily progressing towards its F27 margin objectives, he added.
On Wednesday, the company's shares closed positively, finishing the trading day at Rs 3,225.0, up 0.80 percent.