M&M Q3 FY26 Results: India’s leading automaker M&M reported 33% year-on-year (YoY) growth in standalone net profit for Q3 FY26…
highlights
- Mahindra & Mahindra announces third quarter results for FY26.
- The company’s net profit increased by 33% to Rs 3,931 crore. After this, shares of Mahindra & Mahindra remain in action.
- Come, let us know the important points of the third quarter results of the financial year 2025-26…
M&M Q3 Results: Auto giant Mahindra & Mahindra announced strong third quarter results for FY26. The company’s net profit increased by 33% to Rs 3,931 crore. Revenue from operations increased by 26% to Rs 38,942 crore. Good growth was seen in automobile and farm sectors. Services business also contributed significantly to the better performance.
M&M shares saw a rise after the announcement of quarterly results. After the announcement of quarterly results, shares of Mahindra & Mahindra were trading 1.33% higher at Rs 3724.20 at 1240 pm. The stock has gained about 7.71 percent in 2 weeks, whereas if we talk about one year, the share price has seen a rise of about 20 percent.
M&M Q3 FY 26 Results: 33% increase in net profit
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India’s leading automaker M&M on Wednesday reported 33% year-on-year (YoY) rise in standalone net profit for Q3FY26 at Rs 3,931 crore. The company had posted a profit of Rs 2,964 crore in the same quarter last year.
M&M said in a regulatory filing that the company’s revenue from operations stood at Rs 38,942 crore, up 26% from Rs 30,964 crore reported in the corresponding quarter of the previous financial year.
EBITDA rose 19% year-on-year to Rs 5,717 crore in the December quarter from Rs 4,810 crore a year ago.
If we look at segment-wise business…
- Automobile business reported quarterly volume of 302k units including LMM and MEAL sales, showing a growth of 23%, while UV volume stood at 179k units.
- Q3 SUV revenue market share increased 90 bps to 24.1%. Consolidated revenue for the segment grew 30% to Rs 30,370 crore, while consolidated PAT grew 42% to Rs 1,993 crore.
- The tractor segment had a 44% market share in Q3, while volumes grew by 23% to 150 thousand units. Standalone PBIT grew 41% to Rs 2,061 crore, while margins expanded 240 bps to 20.5%.
- The services portfolio delivered a mixed but better performance, with MMFSL’s AUM growing 12% and PAT growing 97%.
- Tech Mahindra recorded EBIT margin of 13.1%, up 290 bps.
- Mahindra Lifespaces’ PAT grew 5x with residential pre-sales at Rs 572 crore, up 71%.
- Club Mahindra’s room inventory rose 6%, and Mahindra Logistics reported revenue up 19% to Rs 1,898 crore, helping the company return to profit after 11 quarters.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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