M&M PAT Rises 24% on Higher Auto Sales

Mahindra and Mahindra (M&M) posted a 24 per cent year-on-year (Y-o-Y) rise in consolidated profit after tax (PAT) to ₹4,083 crore in the first quarter of 2025-26 (Q1FY26), as its auto sales volumes were up 17 per cent and its Q1 revenue market share for sports utility vehicles (SUVs) rose 570 basis points to 27.3 per cent.

- SOHINI DAS

The consolidated revenue went up by 22 per cent to ₹45,529 crore. Auto revenues were up by 31 per cent to ₹25,999 crore, while the farm sector revenue was up 12 per cent to ₹10,892 crore. Consolidated services revenue was up 13 per cent to ₹9,874 crore. Services include logistics, financial and real estate arms. Auto and farm together constitute over 80 per cent of M&M's consolidated revenues.