Mahindra & Mahindra
Mahindra & Mahindra (M&M), one of the major automobile companies, on Tuesday reported a standalone net profit of Rs 3,737.27 crore for the fourth quarter of FY 2026, which is 53.3 percent more than Rs 2,437 crore in the same quarter last year. Along with these results, the board of M&M has also recommended a final dividend of Rs 33 on each common equity share of face value Rs 5 for FY 2026. The record date for this final dividend has been fixed as Friday, July 3, 2026. The revenue from operations of this Scorpio manufacturing company was Rs 39,601 crore, which is 25.3 percent more than Rs 31,609 crore recorded in the same quarter of the last financial year.
Tremendous increase in sales
M&M said in an exchange filing that EBITDA in the quarter under review stood at Rs 5,509 crore, which is 31 percent more than Rs 4,219 crore recorded in the fourth quarter of FY 2025. The company sold 3.06 lakh units in the fourth quarter, which is 21 percent more than the 2.53 lakh vehicles sold in the same period last year. Sales of tractors stood at 1.19 lakh units, which is 36 percent more than about 88,000 units sold in the fourth quarter of FY 2025. On a consolidated basis, profit increased 42 per cent year-on-year (YoY) to Rs 4,667.6 crore, compared to Rs 3,295 crore last year. Revenue increased by 29.1 percent to Rs 54,982 crore, which was Rs 42,599 crore in the same period last year. At the same time, EBITDA increased by 27.5 percent to Rs 10,127.3 crore, which was Rs 7,941.5 crore last year.
Increase in SUV revenue
Executive Director and CEO (Auto and Farm) Rajesh Jejurikar said SUV revenue share grew by 60 basis points year-on-year in Q4FY26, helping the company retain its No. 1 position. He further said that in FY 2026, M&M became the fifth largest exporter in the PV and CV segment. In the tractor business, market share increased by 90 basis points in the fourth quarter, while the full year share stood at 43.6 percent, which is 30 basis points higher. The company also recorded the highest ever tractor billing of more than 5 lakh units in FY 2026, supported by strong margin performance.
Company shares rise
Anish Shah, Group CEO and Managing Director of Mahindra Group, said that the financial year 2026 was an important year, in which despite geopolitical difficulties and many obstacles, strong work and excellent performance was seen in many of the group companies. He further said that the group's 'Growth Gems' showed strong momentum and the company is well positioned to accelerate its growth even in an uncertain environment. Shares of M&M rose by more than 1.5 per cent to reach the day's high of Rs 3,154 on BSE.
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