Mahindra & Mahindra Reports FY26 Results And Dividend
ECONOMY & POLICY

Mahindra & Mahindra Reports FY26 Results And Dividend

Mahindra & Mahindra Limited (M&M) reported consolidated results for the year ended 31 March 2026. For FY26 consolidated profit after tax was Rs 170,990 mn, an increase of 35 per cent excluding prior year land sale gains, while Q4 PAT was Rs 46,680 mn, up 42 per cent. Consolidated FY26 revenue was Rs 1,986,390 mn, up 25 per cent; Q4 revenue was Rs 549,820 mn, up 29 per cent.

The board declared a dividend of Rs 33.0 per share, a 30 per cent increase. M&M said auto and farm businesses sustained leadership with revenue growth of 27 per cent and profits rose 25 per cent, and financial services assets under management grew 12 per cent. Tech Mahindra delivered EBIT improvement of two point nine percentage points and Growth Gems businesses recorded PAT growth of 50 per cent.

In the automotive segment M&M reported Q4 volumes of 307,000 units, up 21 per cent, and SUV revenue market share of 25.3 per cent, up two point six percentage points. Standalone Q4 PBIT was Rs 29,550 mn, up 28 per cent, and consolidated automotive PAT for FY26 stood at Rs 78,420 mn, up 33 per cent. UV volumes rose 20 per cent for the year.

The farm equipment business reported Q4 volumes of 120,000 units, up 36 per cent, with a market share of 42.1 per cent, up zero point nine percentage points, and standalone FY26 PBIT of Rs 72,060 mn, up 35 per cent. Consolidated farm PAT for FY26 was Rs 42,980 mn, up 13 per cent. The release said three international farm exits were completed in line with capital allocation discipline.

Services businesses saw consolidated FY26 revenue of Rs 436,980 mn, up 17 per cent, and PAT growth of 54 per cent, with MMFSL AUM and GS3 at three point four one per cent supporting asset quality. Mahindra Lifespaces reported residential pre-sales of Rs 16,330 mn, up 55 per cent, and Mahindra Logistics delivered full year profitability. Management emphasised strong cash generation and balance sheet strength while noting forward looking risks.

Mahindra & Mahindra Limited (M&M) reported consolidated results for the year ended 31 March 2026. For FY26 consolidated profit after tax was Rs 170,990 mn, an increase of 35 per cent excluding prior year land sale gains, while Q4 PAT was Rs 46,680 mn, up 42 per cent. Consolidated FY26 revenue was Rs 1,986,390 mn, up 25 per cent; Q4 revenue was Rs 549,820 mn, up 29 per cent. The board declared a dividend of Rs 33.0 per share, a 30 per cent increase. M&M said auto and farm businesses sustained leadership with revenue growth of 27 per cent and profits rose 25 per cent, and financial services assets under management grew 12 per cent. Tech Mahindra delivered EBIT improvement of two point nine percentage points and Growth Gems businesses recorded PAT growth of 50 per cent. In the automotive segment M&M reported Q4 volumes of 307,000 units, up 21 per cent, and SUV revenue market share of 25.3 per cent, up two point six percentage points. Standalone Q4 PBIT was Rs 29,550 mn, up 28 per cent, and consolidated automotive PAT for FY26 stood at Rs 78,420 mn, up 33 per cent. UV volumes rose 20 per cent for the year. The farm equipment business reported Q4 volumes of 120,000 units, up 36 per cent, with a market share of 42.1 per cent, up zero point nine percentage points, and standalone FY26 PBIT of Rs 72,060 mn, up 35 per cent. Consolidated farm PAT for FY26 was Rs 42,980 mn, up 13 per cent. The release said three international farm exits were completed in line with capital allocation discipline. Services businesses saw consolidated FY26 revenue of Rs 436,980 mn, up 17 per cent, and PAT growth of 54 per cent, with MMFSL AUM and GS3 at three point four one per cent supporting asset quality. Mahindra Lifespaces reported residential pre-sales of Rs 16,330 mn, up 55 per cent, and Mahindra Logistics delivered full year profitability. Management emphasised strong cash generation and balance sheet strength while noting forward looking risks.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code