M&M net profit margin stands at 11.5% in Q2 FY27
Key Highlights
Mahindra & Mahindra reported a net profit of ₹5,102 crore for Q2 FY27. Revenue from operations for the quarter reached ₹44,282 crore.
Updated: Thursday 5 November 2026
- Mahindra & Mahindra reported a net profit of ₹5,102 crore in Q2 FY27, 12.85% higher than a year earlier.
- from operations: ₹44,282 crore, 26.23% higher than a year earlier.
- Net profit margin: 11.52% (12.89% a year earlier).
- Shares: ₹3,117.30, +5.25% at 14:44 IST on 5 Nov 2026.
Mahindra & Mahindra Q2 FY27 results show a net profit of ₹5,102 crore, which is 12.85% higher than a year earlier. The company filed these standalone results on 5 November 2026 at 1:01 pm IST.
Revenue from operations for the quarter reached ₹44,282 crore. This figure is 26.23% higher than the revenue reported for the same quarter a year earlier.
Mahindra & Mahindra Q2 FY27 results at a glance
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Q1 FY27 | Change |
|---|---|---|---|---|---|
| Revenue from operations | 44,282 | 35,080 | +26.23% | 41,959 | +5.54% |
| 6,638 | 6,069 | +9.37% | 4,776 | +38.99% | |
| Net profit | 5,102 | 4,521 | +12.85% | 3,685 | +38.44% |
| Earnings per share | ₹42.42 | ₹37.63 | +12.72% | ₹30.65 | +38.41% |
| Net profit as a share of revenue | 11.52% | 12.89% | – | 8.78% | – |
The company reported a profit before tax of ₹6,638 crore for the quarter. Net profit as a share of revenue was 11.52% in Q2 FY27, compared to 12.89% in Q2 FY26 and 8.78% in Q1 FY27. For the half-year ended 30 September 2026, the company recorded a net profit of ₹8,787 crore, which is 10.24% higher than the same period a year earlier.
Mahindra & Mahindra half-year figures
| ₹ crore | Half-year | Same period a year earlier | Change |
|---|---|---|---|
| Revenue from operations | 86,241 | 69,223 | +24.58% |
| Net profit | 8,787 | 7,970 | +10.24% |
Mahindra & Mahindra share price after the results
| Share price (14:44 IST) | ₹3,117.30 |
| Previous close | ₹2,961.90 |
| Change | +₹155.40 (+5.25%) |
| Nifty Auto | +3.91% |
| +2.49% |
The Mahindra & Mahindra share price reached ₹3,117.30 during the trading session on 5 November 2026. This represents a 5.25% gain from the previous close of ₹2,961.90. The results were filed at 1:01 pm IST, which occurred during the trading session.
How Mahindra & Mahindra shares moved on its earlier results
| Quarter | Results filed | Window | Change |
|---|---|---|---|
| Q1 FY27 | 30 Jul 2026 | 29 Jul 2026 to 30 Jul 2026 | +1.92% |
| Q4 FY26 | 5 May 2026 | 4 May 2026 to 5 May 2026 | +3.36% |
The share price moved by 1.92% between the close on 29 July 2026 and the close on 30 July 2026 for the Q1 FY27 results. For the Q4 FY26 results, the share price moved by 3.36% from the close on 4 May 2026 to the close on 5 May 2026.
Mahindra & Mahindra Q2 FY27 results: FAQs
What were Mahindra & Mahindra’s Q2 FY27 results?
Mahindra & Mahindra reported a net profit of ₹5,102 crore and revenue from operations of ₹44,282 crore for the quarter ended 30 September 2026 (standalone figures). Net profit was 12.85% higher than a year earlier and revenue from operations was 26.23% higher than a year earlier.
When did Mahindra & Mahindra announce its Q2 FY27 results?
The results were filed with the exchange at Thu 5 Nov, 1:01 pm IST.
What was Mahindra & Mahindra’s net profit margin in Q2 FY27?
Net profit was 11.52% of revenue, against 12.89% in the same quarter a year earlier.
What is the Mahindra & Mahindra share price after the results?
₹3,117.30, +5.25% from the previous close of ₹2,961.90, at 14:44 IST on Thursday 5 November 2026. The results were filed at 13:01 IST, during the session; the move is from the previous close, so it includes trading before the filing.
Results are the company’s filings to the exchanges; prices are from the National Stock Exchange. Calculations are by ThePip. For information only; not investment advice.