M&M Q1FY27 profit rises 34% as SUV, CV and tractor demand stays strong

Mahindra & Mahindra reported consolidated Q1FY27 net profit of ₹5,454.54 crore, up 33.58% year on year, on revenue of ₹57,533.44 crore, up 26.63%. SUV, commercial-vehicle and farm demand, alongside April price increases, supported growth and margins.

— Filed Thu, 30 Jul, 2026, 13:32 IST · Source Financial Express · BrandWagon · Updated

Mahindra & Mahindra reported strong Q1FY27 earnings, driven by sustained SUV, commercial-vehicle and tractor demand. Consolidated profit rose 34% and revenue 27%, while April price increases helped protect margins amid rising input costs.

Why this matters

The result extends M&M's recent pattern of SUV and tractor-led profit growth, alongside accelerating auto and farm-business revenue in Q1FY27.

Retail-company is accelerating, up 311,500% QoQ.