Stock Market Live Update: Mahindra & Mahindra’s Q3 consolidated net profit increased by 47% year-on-year
Mahindra & Mahindra Ltd’s fiscal third quarter consolidated net profit rose 47 per cent year-on-year to Rs 4,675 crore, while revenue from operations rose 26 per cent to Rs 52,100 crore, the company said in a stock exchange filing. Excluding the impact of changes in labor code regulations during the quarter, consolidated profit after tax (PAT) grew 54 per cent year-on-year, the company said. Consolidated PAT margin increased to 9 per cent in Q3 FY26, compared to 7.7 per cent a year ago.
For the nine months ending December 31, 2025, M&M’s consolidated PAT stood at Rs 12,431 crore, compared to Rs 9,634 crore in the same period last year.
Shares of Mahindra & Mahindra were trading at Rs 3,697.50, up 0.59 per cent on the day. The stock was up nearly 3 percent intra-day ahead of the earnings announcement, but gains pared after the results.