Mahindra & Mahindra posted a consolidated net profit of Rs 3,673 crore in Q2FY26, up nearly 15.85% year-on-year (YoY) from Rs 3,170.72 crore in the same quarter previous year (Q2FY25).
Revenue from the operations stood at Rs 45,885.40 crore, up 21.75% From Rs 37,689.04 crore recorded in Q2FY26.
The company said it has reported 28% growth in profit after tax after excluding a one-time gain on account of land sale in the second quarter of FY25.
Key highlights from M&M’s Q2FY26
Auto segment reported quarterly volumes at 2,62,000(includes sales by LMM & MEAL), up 13%.
Anish Shah, Group CEO & Managing Director of M&M said, “Auto and Farm sustained their leadership with consistent gains in market share and profitability. TechM is progressing well on its transformation journey. MMFSL achieved a 45% PAT growth and remains committed to quality growth and digital transformation. Our Growth Gems are steadily advancing towards their ambitious goals, reinforcing our long-term value creation potential.”
Tech Mahindra EBIT stood at 12.1% up 250 basis points(bps).