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News Topical, Digital Desk : Automobile major Mahindra & Mahindra Ltd (M&M) has released strong financial results for the September quarter (Q2 FY26). The company's standalone profit increased from ₹3,841 crore to ₹4,521 crore, representing an 18% year-on-year increase. This was also better than the market estimate of ₹3,992 crore.

The company's revenue increased from ₹27,553 crore to ₹33,422 crore, representing an increase of approximately 21%. This was also slightly higher than the market estimate of ₹33,121 crore. 

Looking at other figures, regarding operating performance, EBITDA (earnings before interest, taxes, depreciation, and amortization) was ₹4,862 crore, compared to the estimate of ₹4,780 crore. The company's EBITDA margin increased to 14.5%, which is better than the market expectation of 14.2%. Analysts said the company's strong SUV sales, a recovery in rural markets, and stable demand for agricultural equipment underpinned the quarter's results. Cost control and an improved product mix played a key role in the margin improvement.


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