Mahindra & Mahindra Share Price

During the quarter, the automotive business posted revenue of Rs 34,387 crore, up 32.29% YoY, while revenue from the farm equipment segment increased 14.77% YoY to Rs 12,501 crore. Revenue from the services business climbed 30.64% YoY to Rs 12,899 crore.

On standalone basis, the company’s net profit rose 6.82% to Rs 3,684.97 crore on 22.89% jump in revenue from operations to Rs 41,958.76 crore in Q1 FY27 over Q1 FY26.

Total vehicles sold 304,421 units in Q1 FY27, up 23.21% compared with 247,249 units sold in the year–ago quarter. Total tractor sold 158,041 units in Q1 FY27, up 17.86% YoY.

Anish Shah, Group CEO & managing director, M&M, said, 'We are delighted to report a strong start to F27, despite a quarter marked by macro headwinds. The strength of our diversified portfolio coupled with proactive actions to navigate through this challenging environment has enabled us to deliver strong results. Our Auto and Farm businesses continued to strengthen their leadership positions, despite this dynamic environment. TechM and MMFSL have made notable progress on their strategic priorities while our Growth Gems accelerated their growth momentum.”

Rajesh Jejurikar, executive director & CEO (Auto and Farm Sector), M&M, said, “Auto and Tractor business demonstrated strong resilience in Q1 F27. We have achieved a QoQ increase of 50 bps in SUV revenue market share and 150 bps in LCV (< 3.5T) volume market share. XEV 9S emerged as highest selling EV in India by Volume. Our Tractors business gained 280 bps QoQ to reach 44.9% market share in Q1 F27. Auto business PBIT Margin excluding eSUV contract manufacturing is 8.3% and our Core Tractor PBIT margin is 19.2% despite commodity inflation.”

Amarjyoti Barua, group chief financial officer, M&M, said, “We are pleased to report resilient performance across our businesses in Q1 F27 recording a PAT growth of 34%. Our supply chain teams have executed remarkably well to navigate through a very uneven environment, marked by significant commodity inflation. We remain committed to our path of value creation while maintaining a strong balance sheet.”

Meanwhile, the board approved the scheme of merger by absorption of Mahindra Investment Company (Mauritius), a wholly owned subsidiary, into Mahindra & Mahindra.

Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.

Shares of Kaynes Technology India are banned from F&O trading on 10 July 2026.

Stocks to Watch:

Tata Consultancy Services (TCS) reported a consolidated net profit of Rs 13,349 crore for the quarter ended 30 June 2026 (Q1 FY27), down 2.7% from Rs 13,718 crore in Q4 FY26. Revenue from operations rose 2.2% sequentially to Rs 72,275 crore in Q1 FY27 from Rs 70,698 crore in the preceding quarter. The company's annualised AI revenue reached $2.6 billion during the quarter, up 13.6% sequentially.

Meanwhile, the board of directors declared an interim dividend of Rs 12 per equity share of Re 1 each. The record date for determining eligible shareholders is 15 July 2026 and the dividend will be paid on 31 July 2026.

Mahindra & Mahindra (M&M)’s total sales jumped 32.45% to Rs 1,03,502 units in June 2026 compared with 78,142 units sold in June 2025. Production increased 29.99% YoY to 1,10,795 units in June 2026.

Anand Rathi Wealth reported a 73.99% jump in consolidated net profit to Rs 162.73 crore in Q1 FY27 compared with Rs 93.53 crore in Q1 FY26. Revenue from operations jumped 17.51% YoY to Rs 321.98 crore in Q1 FY27.

Havells India announced a strategic collaboration with Pixii AS, a Norway-based energy storage technology company, to develop and introduce advanced Battery Energy Storage Systems (BESS) for the Indian market.

Muthoot MIcrofin reported a 18% jump in Asset under management (AUM) to Rs 14,457 crore as of 30th June 2026. Disbursement stood at Rs 2,645 crore, up 49% YoY.

Vijaya Diagnostic Centre appointed Narasimha Raju K.A as chief financial officer (CFO) with effect from 9 July 2026.

Apollo Micro Systems entered into share purchase agreement with Premier Explosives to acquire 2.22 crore shares or 41.33% stake from the promoter AKS Family Trust. The company will also launch an open offer to acquire 26% stake, from public shareholders at Rs 698 per share. The total transaction is valued at around Rs 1,550 crore, subject to customary closing adjustments.

Mahindra & Mahindra achieved overall auto sales of 1,06,207 units in month of June 2026 compared to 77,742 units in June 2025, recording a growth of 37%.

Total sales include passenger vehicle sales of 60,393 units (up 28% YoY) and commercial vehicle sales of 39,896 units (up 44% YoY).

Domestic sales stood at 1,00,289 units (up 34% YoY) and exports of 5,918 units (up 125% YoY).

Mahindra's Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).

According to Vinod Sahay, Executive Chairman – SML, President – Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M, “The CV industry continues to benefit from infrastructure-led demand and an ongoing replacement cycle in medium term. However, recent increases in fuel prices and pressure on freight economics has tempered fleet expansion and vehicle replacement decisions in the near term. We are closely monitoring the evolving cost pressures and broader macroeconomic uncertainties impacting industry sentiment and implementing appropriate mitigation measures.”

Mahindra & Mahindra announced its tractor sales numbers for June 2026.

Domestic sales in June 2026 were at 58,177 units, as against 51,769 units in June 2025, reflecting a 12% year-on-year growth.

Total tractor sales (Domestic + Exports) during June 2026 were at 59,935 units, as against 53,392 units for the same period last year. Exports for the month stood at 1,758 units.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd. said “We have sold 58,177 tractors in the domestic market during June 2026 registering a growth of 12% over last year. While it is early to assess the full impact of emerging El Niño conditions, strong government interventions like sustained fertilizer subsidies and targeted support measures at the local level are expected to mitigate some of the risk to farmers and cushion its impact to the Kharif season. In the export markets, we have sold 1,758 tractors, a growth of 8% over last year.”

Consequently, Aditatva has become a wholly owned subsidiary of MHRIL and, as such, a step down subsidiary of the Company with effect from 15 June 2026.

Aditatva is engaged in coffee plantation business on a ~50 acre land parcel located in Chikmagalur, Karnataka. Upon completion of the acquisition of Aditatva, MHRIL will be the owners of all the assets including the said land parcel, which is proposed to be utilized for the development of a leisure resort.

Mahindra & Mahindra Ltd is up for a third straight session in a row. The stock is quoting at Rs 3147.8, up 3.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.17% on the day, quoting at 23899.6. The Sensex is at 76443.32, up 1.21%. Mahindra & Mahindra Ltd has risen around 2.08% in last one month.

Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has risen around 5.5% in last one month and is currently quoting at 26293.85, up 2.81% on the day. The volume in the stock stood at 32.31 lakh shares today, compared to the daily average of 31.64 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 3163.5, up 3.39% on the day. Mahindra & Mahindra Ltd is up 4.11% in last one year as compared to a 4.2% drop in NIFTY and a 15.68% drop in the Nifty Auto index.

The PE of the stock is 23.33 based on TTM earnings ending March 26.

Mahindra & Mahindra announced Production, Sales and Export figures of the Company for the month of May 2026.