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Mahindra & Mahindra Q1 Results 2027: PAT Jumps 34% YoY, Revenue Rises 28%

Mahindra & Mahindra posted a strong Q1 FY27 performance, with double-digit growth in revenue and profit, supported by broad-based strength across Automotive, Farm Equipment, Financial Services and Industrial Businesses.

Revati Krishna
Published: 30 Jul 2026, 02:00 PM IST (1 day ago)
Last Updated: 30 Jul 2026, 02:17 PM IST (1 day ago)
3 min read
Quick Summary

Mahindra & Mahindra Q1 Results 2027: Mahindra & Mahindra reported a strong performance for Q1 FY27, with Profit After Tax (PAT) rising to ₹5,454.54 crore and Revenue from Operations increasing to ₹58,187.57 crore. The company delivered broad-based growth across its Automotive, Farm Equipment, Financial Services, and Industrial Businesses, while maintaining stable operating margins.

Mahindra & Mahindra Q1 Results FY2027: On 30 July 2026, Mahindra & Mahindra announced its financial results for the first quarter ended June 30, 2026. Revenue from Operations increased 27.80% YoY to ₹58,187.57 crore, while Profit After Tax (PAT) rose 33.58% YoY to ₹5,454.54 crore.

Just after the results, Mahindra & Mahindra share price is up 1.68% at the time of writing. Mahindra & Mahindra stock is down 13% year-to-date and up 2% in one year from 30 July 2025 to 30 July 2026 

As of 30 July, 1:56 PM

READ THIS ALSO: Gillette India Q1 Results 2027

Mahindra & Mahindra Q1 FY27 Results Highlights

  • Revenue from Operations stood at ₹58,187.57 crore, up 27.80% YoY from ₹45,529.19 crore. Compared with ₹54,981.91 crore in Q4 FY26, revenue increased 5.83% QoQ. 

  • Total Revenue stood at ₹59,203.60 crore, registering a 27.47% YoY increase from ₹46,446.11 crore in Q1 FY26. Compared with ₹55,976.75 crore in Q4 FY26, total revenue increased 5.76% QoQ. 

  • EBITDA stood at ₹10,564.95 crore, registering a 28.41% YoY increase from ₹8,227.80 crore. Compared with ₹9,716.44 crore in Q4 FY26, EBITDA increased 8.73% QoQ. 

  • EBITDA Margin stood at 18.16%, compared with 18.07% in Q1 FY26 and 17.67% in Q4 FY26, improving by 0.09 percentage points YoY and 0.48 percentage points QoQ. 

  • PAT attributable to owners of the company stood at ₹5,454.54 crore, compared with ₹4,083.32 crore in Q1 FY26, registering a 33.58% YoY increase. Compared with ₹4,667.57 crore in Q4 FY26, PAT attributable to owners increased 16.86% QoQ.

  • EPS stood at ₹48.80, compared with ₹36.58 in Q1 FY26, increasing by ₹12.22 YoY. Compared with ₹41.77 in Q4 FY26, EPS increased by ₹7.03 QoQ.

Metric

Q1 FY27

Q4 FY26

QoQ %

Q1 FY26

YoY %

Revenue from Operations (₹ Cr)

58,187.57

54,981.91

5.83%

45,529.19

27.80%

Total Income (₹ Cr)

59,203.60

55,976.75

5.76%

46,446.11

27.47%

EBITDA (₹ Cr)

10,564.95

9,716.44

8.73%

8,227.80

28.41%

EBITDA Margin

18.16%

17.67%

0.48%

18.07%

0.09%

PAT Attributable to Owners (₹ Cr)

5,454.54

4,667.57

16.86%

4,083.32

33.58%

EPS (₹)

48.80

41.77

16.83%

36.58

33.41%

Mahindra & Mahindra Q1 FY27 Segment-wise Revenue

Mahindra & Mahindra reported broad-based growth across its businesses during the quarter. The Automotive segment remained the largest revenue contributor, while the Industrial Businesses and Consumer Services segment posted the strongest year-on-year growth. The Farm Equipment business also delivered robust sequential growth.

Segment Revenue

Q1 FY27

Q4 FY26

QoQ %

Q1 FY26

YoY %

Automotive (₹ Cr)

34,387.25

34,294.18

0.27%

25,998.71

32.27%

Farm Equipment (₹ Cr)

12,500.77

10,022.10

24.73%

10,891.56

14.77%

Financial Services (₹ Cr)

5,697.83

5,525.29

3.12%

4,973.23

14.57%

Industrial Businesses & Consumer Services (₹ Cr)

7,200.72

6,622.18

8.74%

4,900.56

46.94%

Less: Inter-segment Revenue (₹ Cr)

1,599.00

1,481.84

7.91%

1,234.87

29.49%

Total Segment Revenue (₹ Cr)

58,187.57

54,981.91

5.83%

45,529.19

27.80%

Source: Mahindra & Mahindra Q1 FY27 Financial Results.

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