| Scrip Code | 500520 |
|---|---|
| NSE Symbol | M&M |
| MSEI Symbol | NOTLISTED |
| ISIN | INE101A01026 |
| Name of company | Mahindra and Mahindra Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 30-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 25-06-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 30-07-2026 11:10:00 |
| End date and time of board meeting | 30-07-2026 12:50:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 58,18,757.00 | 58,18,757.00 | |
| Other income | 1,01,603.00 | 1,01,603.00 | |
| Total income | 59,20,360.00 | 59,20,360.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 33,22,935.00 | 33,22,935.00 |
| (b) | Purchases of stock-in-trade | 2,37,832.00 | 2,37,832.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 72,430.00 | 72,430.00 |
| (d) | Employee benefit expense | 3,38,833.00 | 3,38,833.00 |
| (e) | Finance costs | 2,55,991.00 | 2,55,991.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,76,047.00 | 1,76,047.00 |
| (f) | Other Expenses | ||
| 1 | Loss from investments related to subsidiaries, associates and joint ventures | 26,219.00 | 26,219.00 |
| 2 | Other expenses | 7,64,013.00 | 7,64,013.00 |
| Total other expenses | 7,90,232.00 | 7,90,232.00 | |
| Total expenses | 51,94,300.00 | 51,94,300.00 | |
| 3 | Total profit before exceptional items and tax | 7,26,060.00 | 7,26,060.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 7,26,060.00 | 7,26,060.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,59,780.00 | 1,59,780.00 |
| 8 | Deferred tax | 3,273.00 | 3,273.00 |
| 9 | Total tax expenses | 1,63,053.00 | 1,63,053.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 5,63,007.00 | 5,63,007.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 36,749.00 | 36,749.00 |
| 16 | Total profit (loss) for period | 5,99,756.00 | 5,99,756.00 |
| 17 | Other comprehensive income net of taxes | 6,338.00 | 6,338.00 |
| 18 | Total Comprehensive Income for the period | 6,06,094.00 | 6,06,094.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 5,45,454.00 | 5,45,454.00 | |
| Total profit or loss, attributable to non-controlling interests | 54,302.00 | 54,302.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 5,51,216.00 | 5,51,216.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 54,878.00 | 54,878.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 55,895.00 | 55,895.00 | |
| Face value of equity share capital | 5 | 5 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 48.8 | 48.8 | |
| Diluted earnings (loss) per share from continuing operations | 48.59 | 48.59 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 48.8 | 48.8 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 48.59 | 48.59 | |
| 24 | Debt equity ratio | 4.00 | 4.00 |
| 25 | Debt service coverage ratio | 678.00 | 678.00 |
| 26 | Interest service coverage ratio | 3737.00 | 3737.00 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. Notes to the financial results: Please refer pdf file. 2.'Revenue from Operations' disclosed above inlcudes 'Revenue from Operations' and 'Income from investments related to subsidiaries, associates and joint ventures'. Quarter ended (01.04.2026 to 30.06.2026) : Rs. 58,187.57 crores Revenue from Operations : Rs. 57,533.44 crores Income from investments related to subsidiaries, associates and joint ventures : Rs. 654.13 crores |
|---|
| Debt equity ratio | In the Consolidated results published, the Debt-Equity ratio is expressed as a multiple (times), and not as a percentage. Debt equity ratio (times) is as below- Quarter ended (01.04.2026 to 30.06.2026): 0.04 |
|---|---|
| Debt service coverage ratio | In the Consolidated results published, the debt service coverage ratio is expressed as a multiple (times), and not as a percentage. Debt service coverage ratio (times) is as below- Quarter ended (01.04.2026 to 30.06.2026): 6.78 |
| Interest service coverage ratio | In the Consolidated results published, the interest service coverage ratio is expressed as a multiple (times), and not as a percentage. Interest service coverage ratio (times) is as below- Quarter ended (01.04.2026 to 30.06.2026): 37.37 |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Automotive | 34,38,725.00 | 34,38,725.00 | ||||
| 2 | Farm Equipment | 12,50,077.00 | 12,50,077.00 | ||||
| 3 | Financial Services | 5,69,783.00 | 5,69,783.00 | ||||
| 4 | Industrial Businesses and Consumer Services | 7,20,072.00 | 7,20,072.00 | ||||
| Total Segment Revenue | 59,78,657.00 | 59,78,657.00 | |||||
| Less: Inter segment revenue | 1,59,900.00 | 1,59,900.00 | |||||
| Revenue from operations | 58,18,757.00 | 58,18,757.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Automotive | 2,64,472.00 | 2,64,472.00 | ||||
| 2 | Farm Equipment | 1,78,111.00 | 1,78,111.00 | ||||
| 3 | Financial Services | 1,22,360.00 | 1,22,360.00 | ||||
| 4 | Industrial Businesses and Consumer Services | 1,34,626.00 | 1,34,626.00 | ||||
| Total Profit before tax | 6,99,569.00 | 6,99,569.00 | |||||
| i. Finance cost | 19,147.00 | 19,147.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (82,387.00) | (82,387.00) | |||||
| Profit before tax | 7,62,809.00 | 7,62,809.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Automotive | 57,32,239.00 | 57,32,239.00 | ||||
| 2 | Farm Equipment | 19,34,448.00 | 19,34,448.00 | ||||
| 3 | Financial Services | 1,60,35,557.00 | 1,60,35,557.00 | ||||
| 4 | Industrial Businesses and Consumer Services | 41,52,589.00 | 41,52,589.00 | ||||
| Total Segment Asset | 2,78,54,833.00 | 2,78,54,833.00 | |||||
| Un-allocable Assets | 54,77,439.00 | 54,77,439.00 | |||||
| Net Segment Asset | 3,33,32,272.00 | 3,33,32,272.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Automotive | 42,31,104.00 | 42,31,104.00 | ||||
| 2 | Farm Equipment | 11,90,423.00 | 11,90,423.00 | ||||
| 3 | Financial Services | 1,39,80,942.00 | 1,39,80,942.00 | ||||
| 4 | Industrial Businesses and Consumer Services | 17,30,353.00 | 17,30,353.00 | ||||
| Total Segment Liabilities | 2,11,32,822.00 | 2,11,32,822.00 | |||||
| Un-allocable Liabilities | 7,31,900.00 | 7,31,900.00 | |||||
| Net Segment Liabilities | 2,18,64,722.00 | 2,18,64,722.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | The reportable segments are as follows: a)Automotive: This segment comprises of sale of automobiles, two wheelers, spares, construction equipments and related services; b)Farm Equipment: This segment comprises of sale of tractors, implements, spares, powerol and related services; c)Financial Services: This segment comprises of offering financial products ranging from retail and other loans, SME finance, housing finance, mutual funds and life and non-life insurance broking services; d)Industrial Businesses and Consumer Services: This segment comprises of all other segments like IT services, Real Estate, Hospitality, Logistics, Steel trading and processing, Renewables, After-market, Defence, Agriculture related products, etc. that individually do not meet the reporting thresholds. In the consolidated results, the reportable segments also include investments in associates and joint ventures in respective businesses. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | (1,993.00) | (1,993.00) |
| Total Amount of items that will not be reclassified to profit and loss | (1,993.00) | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (638.00) | (638.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss | 8,364.00 | 8,364.00 |
| Total Amount of items that will be reclassified to profit and loss | 8,364.00 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 671.00 | 671.00 |
| 5 | Total Other comprehensive income | 6,338.00 | 6,338.00 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | BSR & Co LLP. | Yes | 31-07-2028 | ||
|---|---|---|---|---|---|