M&M Q2 FY27 PAT Jumps 25% to ₹4,588 Cr
Mahindra & Mahindra Ltd. reported a strong second quarter and half-year ended September 30, 2026. The company's consolidated Profit After Tax (PAT) surged by 25% year-on-year to ₹4,588 crore, with consolidated revenue also increasing by 25% to ₹57,553 crore. The Auto division showed robust performance with a 55% PAT growth, while the Farm equipment sector experienced a decline due to a festive season shift. Mahindra Finance saw a 15% AUM growth and 61% PAT growth, and Tech Mahindra reported a 33% PAT increase with an improved EBIT margin of 14.8%. The company maintained leadership positions in SUVs, LCVs, and tractors, with significant market share in eSUVs and electric 3-wheelers. The Board of Directors approved these unaudited financial results.
Key Highlights
- Consolidated PAT grew 25% YoY to ₹4,588 crore.
- Consolidated revenue increased 25% YoY to ₹57,553 crore.
- Auto division PAT grew 55%, Farm sector saw a decline.
- Mahindra Finance PAT up 61%, Tech Mahindra PAT up 33%.
- Maintained leadership in SUVs, LCVs, and tractors.
Price Impact
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