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Mahindra profit jumps 42% as EV lead offsets flat auto margins

Business
Published on 6 May 2026
Mahindra profit jumps 42% as EV lead offsets flat auto margins

Profit soars while auto margins stay surprisingly unmoved

Mahindra & Mahindra delivered a 42% jump in fiscal fourth-quarter net profit, with revenue rising and strength across automotive, farm equipment, and services. While supply chain disruptions persisted, the company’s diversified model helped it outperform. The EV arm stands out, leading the eSUV market by revenue, even as auto margins remain flat.

  • Mahindra net profit rises 42% in fiscal fourth quarter
  • Revenue growth comes across automotive, farm equipment, and services
  • Supply chain disruptions did not derail the results
  • EV leadership offsets flat auto margins
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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