M&M Q4FY26 Results: Profit Jumps 42%, SUV Leadership & Strong Revenue Growth

Mahindra & Mahindra (M&M) has delivered a strong Q4FY26 performance, with net profit surging 42% YoY to ₹4,667 crore and revenue rising 29% to ₹54,982 crore. The company continues to dominate key segments, retaining its #1 position in SUVs, tractors, and light commercial vehicles. Growth was driven by robust demand in the auto and farm segments, with volumes rising sharply. The services business also showed strong momentum, led by Tech Mahindra and Mahindra Lifespaces. Despite slight margin compression, overall profitability remained solid. The board has recommended a final dividend of ₹33 per share. Watch Rajesh Jejurikar, Executive Director & CEO (Auto & Farm Sector), decode M&M’s earnings, growth strategy, and outlook in this exclusive conversation with Business Today TV.