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.)
