5051922026-04-012026-06-305051922026-04-012026-06-30in-capmkt:OtherExpenses1Member5051922026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares505192SMLMAHNOTLISTEDINE294B01019SML MAHINDRA LIMITEDMain BoardEquity2026-04-012027-03-312026-07-202026-06-30INRCroresQuarterlyFirst quarterSingle segmentCOMMERCIAL VEHICLE2026-07-2015:45:002026-07-2017:20:00Not applicablefalsefalseNot applicable2026-04-012026-06-30UnauditedStandalone957540000011900000958730000062239000003200000008938000006891000002740000013270000044760000087345000008528000000852800000241600000-2500000021660000006362000000000636200000-38000006324000001448000001043.9643.960043.9643.961. The above unaudited financial results were reviewed by the Audit Committee on 20 July 2026 and approved by the Board of Directors in their meeting held on 20 July 2026. The above results for the quarter ended 30 June 2026, have been subjected to limited review by the Statutory Auditors of the Company. The unmodified review report of the Statutory Auditors is being filed with the BSE Limited and National Stock Exchange of India Limited. For more details on the unaudited financial results, visit ‘investors’ section of our website at https://smlmahindra.com/ and ‘Financial Results’ in ‘Corporates’ section of www.nseindia.com and www.bseindia.com. <br /> <br /> 2. The above unaudited financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations, including relevant circulars issued by the SEBI from time to time. <br /> <br /> 3. The Chief Operating Decision Maker monitors and reviews the performance of the operating segment i.e commercial vehicles and related components as a single operating segment. Considering that there is only one reportable segment, there are no additional disclosures to be provided under Ind AS 108 - Segment information. <br /> <br /> 4. The figures for the quarter ended 31 March 2026, as reported in these financial results, are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the relevant financial year. Also, the figures upto the end of the third quarter had only been reviewed and not subjected to audit. <br /> <br /> 5. The Ministry of Environment, Forest and Climate Change has notified the Environment Protection (End-of-Life Vehicles) Rules, 2025 ("ELV Rules"), which are effective from 1 April 2025. As per these rules, Extended Producer Responsibility (EPR) obligations are imposed on producers ("vehicle manufacturers") for the scrapping of End-of-Life Vehicles and such obligations are to be fulfilled through the purchase of EPR certificates from registered Vehicle Scrapping Facilities via a Centralised Online Portal. The implementation details and operational procedures of the ELV rules including the modalities of the pricing mechanism for the EPR certificates are yet to be developed. <br /> <br /> Consequently, the Company is currently unable to reliably estimate a range of possible outcomes and the potential impact of these rules. The Company will continue to assess the ability to measure its obligations pursuant to the ELV Rules, as and when the aforesaid details of implementation framework are available. <br /> Other expenses447600000Remeasurements of the defined benefit plans-5000000-5000000-1200000-3800000