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For the full year,net profit rose 31.30% to Rs 159.75 crore in the year ended March 2026 as against Rs 121.67 crore during the previous year ended March 2025. Sales rose 18.30% to Rs 2837.92 crore in the year ended March 2026 as against Rs 2398.99 crore during the previous year ended March 2025.
Total expenses rose 17.90% to Rs 827.63 crore in Q4 FY26 over Q4 FY25. During the quarter, the cost of materials consumed stood at Rs 624.22 crore (up 15.68% YoY), while employee benefits expense was at Rs 53.71 crore (up 1.99% YoY).
Profit before tax (PBT) stood at Rs 72.60 crore in Q4 FY26, up 2.05% year-on-year (YoY).
For the full financial year FY26, the company posted a strong performance, with net profit surging 31.29% YoY to Rs 159.75 crore. Total revenue for the year increased 18.29% to Rs 2,837.92 crore.
Meanwhile, the company’s board has recommended a final dividend of 235%, i.e., Rs 23.50 per equity share of face value Rs 10, for the financial year ending 31 March 2026.
SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts.
The counter slipped 5.32% to Rs 4,094.75 on the BSE.
Meanwhile, the company’s board has recommended a final dividend of 235%, i.e., Rs 23.50 per equity share of face value Rs 10, for the financial year ended 31 March 2026.
The counter added 0.18% to Rs 4,324.90 on the Bse.
However, exports declined sharply to 64 units in March 2026, down 65.59% from 186 units exported in March 2025.
SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company’s standalone net profit surged 3209.43% to Rs 17.54 crore on a 62.53% jump in revenue from operations to Rs 539.27 crore in Q3 FY26 over Q2 FY26.
During the month, the company recorded sales of 1,415 units compared with 1,229 units a year earlier, up 15% YoY.
Exports increased to 88 units in February 2026 from 59 units in February 2025.
The company’s standalone net profit surged 3,209.43%, while revenue from operations increased 62.53% in Q3 FY26.
The scrip was locked in 5% upper circuit at Rs 3991.95 on the BSE.
For the period April to February 2026, the company's total sales aggregated to 14,175 units, registering a growth of 19% from 11,906 units sold in the same period a year ago.
Shares of SML Mahindra rose 0.03% to Rs 4,784.90 on the BSE.