M&M Q2 FY27 Earnings: Net Profit Jumps 25% to ₹4,588 Crore

M&M Q2 FY27 Earnings: Net Profit Jumps 25% to ₹4,588 Crore, Revenue Expands 25%; Shares Advance Nearly 5% Mahindra & Mahindra posted a healthy performance in Q2 FY27, driven by strong automobile sales and sustained demand for its SUV portfolio. KEY FINANCIAL & BUSINESS UPDATES 🔹 Consolidated Net Profit: Grew 25% year-on-year to ₹4,588 crore. 🔹 Revenue: Increased 25% to ₹57,553 crore compared with the year-ago quarter. 🔹 Standalone Profit: Rose 13% to ₹5,102 crore from ₹4,521 crore. 🔹 Vehicle Sales: Automotive volumes surged 26% to around 3.31 lakh units, including 1.83 lakh utility vehicles. 🔹 SUV Performance: Revenue from the SUV business recorded 24.3% YoY growth. 🔹 Automotive Segment: Consolidated revenue climbed 39% to ₹37,756 crore, while segment profit after tax advanced 55% to approximately ₹2,300 crore. 🔹 Farm Equipment: The agricultural equipment business witnessed comparatively weaker earnings. STOCK MARKET UPDATE M&M shares gained 4.8% to ₹3,104 following the quarterly earnings announcement, taking the company's market capitalisation to approximately ₹3.86 lakh crore. However, the stock has declined 17.6% so far in 2026, underperforming the Nifty 50, which has fallen 6.4%. Strong automotive sales and improved segment profitability remained the key contributors to the quarterly growth. Disclaimer: Investment in securities markets is subject to market risks. Read all related documents carefully before investing.