M&M profit surges 42%, but auto margins remain flat

May 6, 2026

Mahindra & Mahindra reported a strong 42% jump in net profit for the fiscal fourth quarter. Growth was seen across its automotive, farm equipment, and services sectors. Revenue also climbed significantly. Despite challenges like supply chain disruptions, the company’s diversified portfolio helped achieve this breakthrough performance. The company’s EV arm leads the eSUV market by revenue.

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