Mahindra & Mahindra Q1 profit rises 34% to Rs 5,455 crore despite commodity inflation
New Delhi, July 30 -- Mahindra & Mahindra (M&M) on Thursday reported a 34 per cent year-on-year rise in its consolidated profit after tax (PAT) to Rs 5,455 crore for the first quarter of FY27, as strong performance in its auto, farm, financial services and technology businesses helped offset higher commodity costs.
The company said consolidated revenue rose 28 per cent to Rs 58,188 crore during the April-June quarter from Rs 45,529 crore a year earlier.
"We are delighted to report a strong start to FY27, despite a quarter marked by macro headwinds. The strength of our diversified portfolio coupled with proactive actions to navigate through this challenging environment has enabled us to deliver strong results," Group CEO and Managing Dir...
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