Mahindra & Mahindra Ltd Approves Q1 Financial Results and Announces Merger Scheme
Mahindra & Mahindra Limited has approved its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors also approved a scheme involving the merger by absorption of Mahindra Investment Company (Mauritius) Limited, a wholly owned subsidiary.The company’s financial performance saw Total income stand at Rs 59,203.60 crores for the quarter ended June 30, 2026. This figure compares to Rs 55,976.75 crores in March 2026 and Rs 46,446.11 crores in June 2025.
Consolidated Financial Highlights (Q1 FY26)
Key financial results for the consolidated entity are detailed below:| Particulars | Quarter Ended 30th Jun 2026 (Unaudited) | Quarter Ended 31st Mar 2026 (Audited) | Quarter Ended 30th Jun 2025 (Unaudited) | Year Ended 31st Mar 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 59,203.60 | 55,976.75 | 46,446.11 | 202,084.34 |
| Profit/(loss) before tax | 7,628.09 | 6,914.10 | 5,644.11 | 25,184.76 |
| Total Comprehensive Income/(loss) for the period attributable to Owners of the company | 5,512.16 | 5,038.31 | 4,329.76 | 17,817.88 |
| Basic Earnings per share (Rs.) | 48.80 | 41.77 | 36.58 | 153.10 |
Operational Performance by Segment
The company's operations span several segments, including Automotive, Farm Equipment, and Financial Services. The segment results for the quarter ending June 30, 2026, are as follows:| Segment Category | Quarter Ended 30th Jun 2026 (Income from Operations) | Quarter Ended 31st Mar 2026 (Income from Operations) | Year Ended 31st Mar 2026 (Income from Operations) |
|---|---|---|---|
| Automotive Revenue | 34,387.25 | 34,294.18 | 117,834.13 |
| Farm Equipment Revenue | 12,500.77 | 10,022.10 | 42,568.39 |
| Financial Services Revenue | 5,697.83 | 5,525.29 | 20,949.32 |
| Total Segment Revenue | 59,786.57 | 56,463.75 | 204,100.77 |
Consolidated Profit/(loss) before tax stood at Rs 7,628.09 crores for the quarter ended June 30, 2026.
Financial Health Indicators (Consolidated)
Key financial ratios provide a snapshot of the company's financial structure:| Metric | Q1 Ended 30th Jun 2026 | Q1 Ended 31st Mar 2026 | Q1 Ended 30th Jun 2025 |
|---|---|---|---|
| Debt-Equity Ratio (excluding Financial Services) (times) | 0.04 | 0.04 | 0.05 |
| Net Worth (Rs. crores) | 95,949.03 | 92,145.00 | 81,193.49 |
| Current Ratio (times) | 1.31 | 1.27 | 1.47 |
| Total Debts to Total Assets (times) | 0.41 | 0.41 | 0.42 |
| Operating Margin (%) | 13.57% | 14.25% | 13.30% |
Standalone Financial Results Snapshot (Q1 FY26)
For the standalone entity, Total income from operations for the quarter ended June 30, 2026, was Rs 41,958.76 crores. Profit/(loss) before tax stood at Rs 4,775.89 crores.The company's consolidated subsidiaries include various entities spanning industries such as technology, logistics, real estate, and automotive, with Mahindra Investment Company (Mauritius) Limited being one of the key entities mentioned in the disclosure details.
M&M Stock Price Movement
Shares of Mahindra & Mahindra Limited are edging higher to ₹3258.1 as of 1:25 PM, gaining 1.13% in the live market with a change of ₹36.30. The equity sees continued buying interest today, amid over 1.49 million shares being traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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