Mahindra & Mahindra (M&M) Q2 FY27 results: Mahindra & Mahindra reported a 13 percent year-on-year rise in standalone net profit to Rs 5,102 crore for the fiscal second quarter, compared with Rs 4,521 crore in the corresponding period last year. Revenue from operations climbed 26 percent to Rs 44,282 crore from Rs 35,080 crore, supported by strong growth in its automotive business.
Shares of Mahindra & Mahindra gained 4.8 percent to Rs 3,104 in Thursday afternoon trade following the announcement of its quarterly earnings. The stock has declined 17.6 percent so far in 2026, underperforming the Nifty 50, which has fallen 6.4 percent during the same period. The company's market capitalisation stood at approximately Rs 3.86 lakh crore.
The automaker's standalone EBITDA rose 4 percent year-on-year to Rs 6,718 crore from Rs 6,467 crore, indicating that operating profit growth lagged the sharp increase in revenue. Total vehicle sales rose 26 percent to 3,30,896 units from 2,61,703 units a year earlier. However, tractor sales declined 6 percent to 1,16,027 units from 1,22,936 units.
On a consolidated basis, M&M reported a 25 percent year-on-year increase in net profit to Rs 4,588 crore, while revenue rose 25 percent to Rs 57,553 crore.
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