M&M Q1 FY27 revenue may rise 19-24%, while profit growth stays near-flat

Mahindra & Mahindra is expected to post strong June-quarter revenue growth, supported by SUV and tractor volumes. However, commodity inflation, EV investment and a projected 150-200 bps sequential automotive-margin contraction could limit net-profit growth to 0.2-2.3%.

— Filed Thu, 30 Jul, 2026, 11:35 IST · Source The Hindu BusinessLine · Updated

M&M is expected to report 19-24% Q1 FY27 standalone revenue growth on strong SUV and tractor volumes, but profit may remain nearly flat as commodity inflation and EV investments compress margins. Investors await guidance on demand, capacity, pricing and tractor outlook.

Why this matters

The outlook follows M&M's Rs 525 crore truck-and-bus transfer to SML Mahindra and testing of its Vision S 'Baby Scorpio' SUV, showing portfolio reshaping alongside new-product development.

retail-company is accelerating, up 309950% QoQ.