Mahindra & Mahindra · NSE: M&M · BSE: 500520

Q1 FY27 results · Apr–Jun 2026

Mahindra & Mahindra reported revenue from operations of ₹58,187.57 crore (up 27.8% from Q1 FY26) and net profit of ₹5,997.56 crore (up 37.0% from Q1 FY26) for Q1 FY27 (Apr–Jun 2026), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY27	Q1 FY26	YoY	Q4 FY26	QoQ
Revenue from operations	58,187.57	45,529.19	+27.8%	54,981.91	+5.8%
Other income	1,016.03	916.92	+10.8%	994.84	+2.1%
Total income	59,203.60	46,446.11	+27.5%	55,976.75	+5.8%
Profit before share of associates & JVs and tax	7,260.60	5,165.97	+40.5%	6,361.27	+14.1%
Share of profit/(loss) of associates & JVs	367.49	478.14		552.83
Net profit for the period	5,997.56	4,376.58	+37.0%	5,259.91	+14.0%
Attributable to shareholders of the company	5,454.54	4,083.32	+33.6%	4,667.57	+16.9%
EPS, basic (₹)	48.80	36.58	+33.4%	41.77	+16.8%
Net margin (%)	10.3	9.6		9.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY27	Q1 FY26	YoY	Q4 FY26	QoQ
Revenue from operations	41,958.76	34,142.96	+22.9%	39,600.92	+6.0%
Other income	776.38	731.61	+6.1%	643.89	+20.6%
Total income	42,735.14	34,874.57	+22.5%	40,244.81	+6.2%
Profit before tax	4,775.89	4,471.25	+6.8%	4,881.24	−2.2%
Net profit for the period	3,684.97	3,449.84	+6.8%	3,737.27	−1.4%
EPS, basic (₹)	30.65	28.73	+6.7%	31.10	−1.4%
Net margin (%)	8.8	10.1		9.4

Consolidated

Filed with BSE: 30 Jul 2026, 16:10 IST
Board meeting: 30 Jul 2026
Period: 01 Apr 2026 to 30 Jun 2026
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 30 Jul 2026, 16:10 IST
Board meeting: 30 Jul 2026
Period: 01 Apr 2026 to 30 Jun 2026
Review status: Unaudited
Source: XBRL filing on BSE