Mahindra and Mahindra increase net profit by 24% as market share extends into auto and farm segments

Mahindra and Mahindra Limited (M&M) have increased the unified net profit by 24% in the quarter ended June by a strong operational performance of their farm and automotive verticals.

Consolidated income expanded 22%, 45,529 crore, which reflects widespread growth in core and group companies.

The company’s auto segment continued to boost, the SUV volume touched 22% and the revenue market shares 27.3%, which has increased by 5.7% in the year-by-year year. He also maintained his leadership in the Light Commercial Vehicle (LCV) segment under 3.5 tonnes.

In the space of farm equipment, M&M expanded its tractor market share up to 45.2% – the highest for a quarter of the sales volume – the highest for a quarter.

Anish Shah, CEO and managing director of the group, said in a quarterly earnings Call with reporters, “This was a strong quarter for cash pay generation. Despite the issue of Rights, two subsidiaries approached Rs. The Call of quarterly earnings with reporters said.

In Q1fy26, a solid related performance by a single business contributed to the net sales of unified net sales in unified net sales by 2.1 and 9.9 percent points, respectively, and .5 84..5% in unified net sales.

“Our Auto toe and farm businesses are firing on all cylinders,” said Auto Toe and Farm Sector – Executive Director and CEO Rajesh Jejurikar. “We have seen significant market share benefits in SUVs and tractors while the category continues to grow strong.”

He said that the main tractor for both domestic and export has received a PBT margin of 20%, excluding farm machinery and power.

In addition to its main ICALS, M&M subsidiary also contributed meaningfully. Mahindra Finance increased its wealth by 15%under management, while Tech Mahindra improved the operating petting operations. Mahindra Life Space, Club Mahindra, and Mahindra Logistics also registered a healthy traction, strengthening the company’s diverse growth engine.

The company said that with the constant leadership in the key product segment, focusing on the new launch and operational discipline in the pipeline, the M&M remains in a good position to move its pace in the remaining financial year, the company said.

“In particular, the rural spirit is stronger in the tractor business, while the urban spirit remains weak. However, with the fundamentals solid, and with the expected rate cuts and improved liquidity, we expect the urban spirit to be re -recovered.”

Jejurikar said that M&M Australia plans for new organizations in markets like Stralia and South Africa and there is a strong optimism of sales during the festive season. “The auto launch pipeline remains strong with the plan of new types and models for FY26 and FY27,” he said.