Mahindra posts record FY26: revenue Rs 1.98 trillion up 25%, PAT up 32%

Mahindra Group reported record FY26 revenue of Rs 1,98,639 crore (up 25% YoY) and PAT of Rs 17,099 crore (up 32%). SUV sales rose 20%, tractor volumes hit 5 lakh units, and Mahindra Finance operational PAT jumped 60%. Chairman Anand Mahindra pitched India as a 'connector economy' while CEO Anish Shah bet on AI-led growth.

— Filed Mon, 6 Jul, 2026, 21:57 IST · Source Business Standard · Companies · Updated

Mahindra Group reported record FY26 revenue of Rs 1.98 trillion (up 25%) and PAT Rs 17,099 crore (up 32%). Chairman Anand Mahindra pitched India as a 'connector economy'; CEO Anish Shah bet on AI-led growth across businesses.

Why this matters

Mahindra's record FY26 builds on its 'Growth Gems' expansion push, pairing SUV and tractor momentum with a 60% surge in Mahindra Finance operational PAT and an AI-led growth bet.

Retail-company signals are accelerating, up 599800% QoQ.

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