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Passenger Cars & Utility Vehicles
Quarterly Result11 Feb 2026, 12:02 pm

Mahindra & Mahindra Reports 54% Increase in Consolidated PAT for Q3 F26

AI Summary

Mahindra & Mahindra Ltd. reported strong operating performance across businesses in the third quarter of F26 with consolidated PAT of Rs 4,675 cr., up 54%. Auto and Farm continue to deliver on growth and margins, with profits up 28%. Financial services delivered 97% growth in PAT, while maintaining strong asset quality. TechM continues its good traction with highest ever TCV deal wins and EBIT improvement of 290 bps. Breakout performance at two Growth Gems with first profitable quarter at Mahindra Logistics after 11 quarters and a 5x PAT growth at Mahindra Lifespaces.

Key Highlights

  • Consolidated PAT at Rs 4,675 cr., up 54%
  • Consolidated Revenue at Rs 52,100 cr., up 26%
  • Tech Mahindra EBIT at 13.1% up 290 bps
  • Mahindra Logistics profitable after 11 quarters, 5X PAT growth at Mahindra Lifespaces
  • Auto and Farm continue to deliver on growth and margins, with profits up 28%
M&M
Passenger Cars & Utility Vehicles
MAHINDRA & MAHINDRA LTD.

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