M&M Share Price Today: Shares of Mahindra & Mahindra Limited were up on Wednesday, May 6, 2026, after the company came out with strong quarterly and annual earnings. Shares gained 55.10 or 1.72% to ₹3,265.90 at 11:18 am in a broad gain that was driven by robust earnings expectations.
The stock opened at ₹3,245.00 and gained on an intraday high and low of ₹3,315.70 and ₹3,245.00, respectively. The buying interest was also observed before the VWAP of ₹3,290.24. The counter climbed almost 3% within the first hour and then sustained its gain.
M&M Q4 profit up 48.5% YoY
The automaker’s PAT grew 48.5 per cent year-on-year to ₹5,259.91 crore for the March quarter of fiscal year 2026, supported by robust performances from both its automotive and agri businesses.
In the year-ago quarter, PAT was ₹3,541.85 crore.
M&M posts strong revenue growth
Consolidated operating revenue for Q4 FY26 was ₹54,891.55 crore compared to ₹42,585.67 crore in the corresponding quarter of the previous year. This growth was fuelled by robust demand across key business verticals.
But total expenses also jumped to ₹49,615.48 crore compared with ₹39,113.61 crore a year ago on account of higher operational activity and scale expansion.
M&M FY26 Results: Double-Digit Growth Sustains
For the entire year FY26, the consolidated PAT of Mahindra & Mahindra stood at ₹18,621.71 crore, with a 32.32% year-on-year growth from ₹14,073.17 crore during FY25.
The overall revenue from operations of the company stood at ₹1,97,792.78 crore versus ₹1,58,749.75 crore during the previous year, demonstrating sustained momentum across segments.
M&M Outlook: SUV and tractor growth focus
The tractor industry is expected to be growing at a low- to mid-single-digit rate this current year. Meanwhile, it is eyeing mid-to-high teens growth in the SUV segment in FY27.
Mahindra & Mahindra also said that its capacity expansion plans are on track to match the expected volume growth over the coming years.
Also Read: Mahindra & Mahindra FY26 Profit Jumps 35% to ₹17,099 Cr; Declares ₹33 Final Dividend Per Share
(Disclaimer: This article is for informational purposes only and should not be considered investment advice. The experts give their recommendations, suggestions, views, and opinions. Please consult a financial advisor before making any investment decisions.)
Priyanka Roshan is a business writer and assistant editor at the NewsX website who tracks everything from stock market swings and corporate earnings to personal finance trends and policy shifts. Known for turning fast-moving business developments into sharp, reader-friendly stories, she combines speed, accuracy, and a data-driven approach to break down complex financial news for everyday audiences.
With over 9.5 years of newsroom experience, Priyanka has worked with leading media organisations, including Moneycontrol, Times Now, and Ping Digital, covering diverse beats such as business, politics, technology, auto, travel, sports, and the world. From live breaking news desks to SEO-led digital storytelling, she specialises in creating engaging content that keeps readers informed without overwhelming them.
