SML Mahindra Limited Approves Unaudited Financial Results for First Quarter of Fiscal Year 2026
SML Mahindra Limited has announced its un-audited financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results, which have been subjected to a limited review by the Statutory Auditors of the Company.The unaudited financial results were reviewed by the Audit Committee on July 20, 2026, and subsequently approved by the Board of Directors in their meeting held on the same day at Mohali, Punjab.
Financial Performance Highlights (in ₹ Crores)
The company reported significant figures across its operational income and expenses for the quarter ending June 30, 2026. The financial status has been compared against data from Q1 FY2025 and the full fiscal year ending March 31, 2026.Key performance metrics are detailed below:
| Particulars | Q1 ended 30.06.2026 (Unaudited) | Q1 ended 31.03.2026 (Audited) | Q1 ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Income | ||||
| Revenue from operations | 957.54 | 897.65 | 845.89 | 2,837.92 |
| Other income | 1.19 | 2.58 | 2.06 | 8.32 |
| Total Income | 958.73 | 900.23 | 847.95 | 2,846.24 |
| Expenses | ||||
| Cost of materials consumed | 622.39 | 624.22 | 570.32 | 2,139.16 |
| Purchases of stock-in-trade | 32.00 | 27.00 | 26.22 | 100.04 |
| Changes in inventories | 89.38 | 53.19 | 46.08 | (72.20) |
| Employee benefits expense | 68.91 | 53.71 | 57.97 | 227.58 |
| Finance cost | 2.74 | 6.99 | 5.09 | 20.74 |
| Depreciation and amortisation expense | 13.27 | 13.37 | 12.43 | 52.03 |
| Other expenses | 44.76 | 49.15 | 40.29 | 164.94 |
| Total Expenses | 873.45 | 827.63 | 758.40 | 2,632.29 |
| Profit before tax (Income - Expenses) | 85.28 | 72.60 | 89.55 | 213.95 |
| Profit for the period/year | 63.62 | 54.20 | 66.96 | 159.75 |
Financial Reporting and Operational Details
The company operates exclusively in one reportable segment, which covers commercial vehicles and related components.Regarding compliance, the Board noted that the Ministry of Environment, Forest and Climate Change has notified the Environment Protection (End-of-Life Vehicles) Rules, 2025, effective from April 1, 2025. The Company stated it is currently unable to reliably estimate the potential impact of these rules as implementation details and operational procedures are yet to be fully developed.
The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and other generally accepted accounting principles.
SMLMAH Stock Price Movement
Shares of SML Mahindra Limited shed 2.45% in trading today, closing at ₹3985.60 after falling by ₹100.20. The stock saw a total traded volume of 88,589 shares during the session.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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