M&M June-quarter profit rises 34% to record ₹5,455 crore as EV turnaround strengthens
Mahindra & Mahindra offset commodity-cost inflation through price hikes, supply-chain efficiencies and cost controls. Automotive, farm equipment and finance lifted earnings, while EV revenue rose 77% and EV PBIT turned profitable.
Mahindra & Mahindra posted record June-quarter profit as price increases, supply-chain efficiencies and cost control offset commodity inflation. Automotive, tractors and a sharply improved EV business drove operating gains, while the company retained a mid-single-digit FY27 tractor-industry growth outlook.
Why this matters
The result extends M&M’s recent SUV and tractor-led Q1 momentum and follows signals on its shift to “attack mode” to scale investment and innovation.
Retail-company trend is accelerating (+253760% QoQ).