Mahindra & Mahindra's Q1 FY 2025-26 Quarterly Results

Result Summary

• Mahindra & Mahindra Ltd reported a 29.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 23.4%.
• Its expenses for the quarter were up by 28.3% QoQ and 23.9% YoY.
• The net profit increased 40.1% QoQ and increased 23.4% YoY.
• The earnings per share (EPS) of Mahindra & Mahindra Ltd stood at 36.4 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mahindra & Mahindra Ltd is a prominent player in the Indian automotive and farm equipment sector. The company is renowned for its diverse range of products, which primarily include automobiles like SUVs, commercial vehicles, and two-wheelers. Additionally, Mahindra & Mahindra is a leading manufacturer of tractors and agricultural machinery, placing it at the forefront of the farm equipment industry. The company also has a significant presence in the information technology, financial services, and real estate sectors through its various subsidiaries. As of the latest updates, Mahindra & Mahindra has been focusing on expanding its electric vehicle lineup and increasing its global footprint. The company is recognized for its commitment to innovation and sustainability.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Mahindra & Mahindra Ltd reported a total income of ₹46,446.11 crores. This reflects a notable increase of 29.7% quarter-over-quarter (QoQ) from ₹35,807.44 crores in the fourth quarter of the fiscal year 2025 (Q4FY25). Year-over-year (YoY), the total income rose by 23.4% from ₹37,626.49 crores in the first quarter of the previous fiscal year (Q1FY25). The substantial growth in total income indicates the company's strong revenue-generating capabilities during this period.

Profitability

The company recorded a profit before tax of ₹5,165.97 crores in Q1FY26, which represents a 42.1% increase QoQ from ₹3,635.27 crores in Q4FY25, and a 20.2% increase YoY from ₹4,296.43 crores in Q1FY25. After accounting for tax expenses of ₹1,267.53 crores, the profit after tax stood at ₹4,376.58 crores for Q1FY26. This marks a 40.1% increase compared to the previous quarter’s profit of ₹3,124.94 crores and a 23.4% increase from ₹3,545.78 crores in Q1FY25. Earnings per share also rose significantly, reaching ₹36.40 in Q1FY26, up from ₹24.60 in Q4FY25 and ₹29.30 in Q1FY25, indicating improved earnings distribution to shareholders.

Operating Metrics

Total expenses for Mahindra & Mahindra Ltd in Q1FY26 were reported at ₹41,280.14 crores, which reflects a 28.3% increase QoQ from ₹32,172.17 crores in Q4FY25, and a 23.9% increase YoY from ₹33,330.06 crores in Q1FY25. The tax expense for the quarter was ₹1,267.53 crores, which increased by 40.0% QoQ from ₹905.06 crores in Q4FY25, and by 17.9% YoY from ₹1,075.09 crores in Q1FY25. The financial data reflects a robust operating performance, with considerable increases in both revenues and expenses, and a significant enhancement in profitability metrics. The earnings per share growth of 48.0% QoQ and 24.2% YoY underscores the effective management of operational efficiencies and the company's ability to sustain its financial health.