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.
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
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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.
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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.
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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.
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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.
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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.
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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.