Mahindra & Mahindra Q4FY26 Profit Jumps 53% To ₹3,737 Crore

Automobile major Mahindra & Mahindra reported a 53.3% jump in standalone net profit to ₹3,737.27 crore for the fourth quarter of FY26, compared with ₹2,437 crore in the same period last year.

The company also announced a final dividend of ₹33 per equity share of face value ₹5 for FY26, with 3 July 2026 set as the record date. At 2:43 pm, Mahindra & Mahindra shares were trading at ₹3,175.10 a piece on the National Stock Exchange (NSE).

Other Q4 Highlights

Revenue from operations rose 25.3% year-on-year (YoY) to ₹39,601 crore, up from ₹31,609 crore in Q4FY25, according to an exchange filing. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 31% to ₹5,509 crore, compared with ₹4,219 crore a year ago.

The company sold 3.06 lakh units in the quarter, marking a 21% increase from 2.53 lakh units in the year-ago period. Also,

• Its tractor sales stood at 1.19 lakh units, up 36% from about 88,000 units

• Overall volume growth remained broad-based across auto and farm segments

For the full year, revenue climbed 29.1% to ₹54,982 crore from ₹42,599 crore.

SUV Share, Export Position Improve

Rajesh Jejurikar, Executive Director and CEO (Auto and Farm), said SUV revenue share increased by 60 basis points YoY in Q4FY26. This helped the company retain its top position in the segment.

He added that the company emerged as the fifth-largest exporter in the passenger and commercial vehicle segments during FY26. In the tractor business:

• Market share rose 90 basis points in Q4

• Full-year market share stood at 43.6%, up 30 basis points

The company also recorded its highest-ever tractor billing of over 5 lakh units during the year, supported by what it described as strong margins.

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Management Commentary

Anish Shah, Group CEO and Managing Director, said FY26 marked a defining period for the group. He cited strong execution and performance across businesses despite geopolitical challenges and disruptions.

He added that the group’s ‘Growth Gems’ continued to deliver momentum and said the company remains positioned to accelerate even amid an uncertain environment.

Source:

The Economic Times