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Diversified Tracked since Q1 FY24 - Q4 FY26

Mahindra & Mahindra Limited

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M&M

Latest quarter Q4 FY26

Revenue ₹54,982 Cr (+29% YoY)

Latest signal bullish high

M&M delivered a strong Q4 FY26 with PAT up 42% YoY and revenue up 29% YoY, driven by robust auto and farm performance.

4% promises delivered Based on 25 tracked promises across 12 quarters

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Quarterly Earnings Timeline

Financial verification status, call summary, sentiment, and management-delivery signals by quarter.

12 quarters
Q4 FY26 15 May 2026

Revenue ₹54,982 Cr (+29% YoY)

M&M delivered a strong Q4 FY26 with PAT up 42% YoY and revenue up 29% YoY, driven by robust auto and farm performance.

bullish high
1 met Read full analysis →
Q3 FY26 10 Feb 2026

Revenue ₹52,100 Cr (+26% YoY)

M&M delivered a strong Q3 FY26 with consolidated revenue crossing INR 50,000 crore for the first time, up 26% YoY, and reported PAT up 47% YoY.

bullish high
1 missed, 1 delayed Read full analysis →
Q2 FY26 30 Oct 2025

Revenue ₹46,106 Cr (+22% YoY)

M&M delivered a strong Q2 FY26 with consolidated revenue up 22% YoY and operating PAT up 28% YoY, driven by broad-based outperformance across auto, farm, and financial...

bullish high
1 close, 2 missed Read full analysis →
Q1 FY26 01 Aug 2025

Revenue ₹45,529 Cr (+22% YoY)

M&M reported a strong Q1 FY26 with consolidated PAT up 24% YoY to INR4,083 crore and ROE crossing 20.6% for the first time.

bullish high
4 missed Read full analysis →
Q4 FY25 15 Apr 2025

Revenue ₹42,599 Cr

M&M delivered a strong Q4 FY25 with SUV volumes up 20% and market share reaching 22.5% (+210bps).

bullish high
4 missed Read full analysis →
Q3 FY25 07 Feb 2025

Revenue ₹41,470 Cr (+17% YoY)

M&M delivered a strong Q3 FY25 with consolidated PAT up 20% YoY, driven by robust performance in Auto & Farm.

bullish high
1 missed Read full analysis →
Q2 FY25 05 Nov 2024

Revenue ₹37,924 Cr (+10% YoY)

M&M delivered a strong Q2 FY25 with consolidated PAT up 35% YoY to INR 3,171 crore, driven by broad-based strength across auto, farm, and services.

bullish high
3 missed Read full analysis →
Q1 FY25 01 Aug 2024

Revenue ₹37,218 Cr (+10% YoY)

M&M reported a strong Q1 FY25 with consolidated PAT up 20% YoY to INR 3,283 crore (excluding one-time gains).

bullish high
1 missed Read full analysis →
Q4 FY24 16 May 2024

Revenue ₹35,452 Cr

M&M delivered a strong FY24 with standalone PAT up 48% YoY (64% excluding one-offs) and consolidated PAT up 25%, driven by auto (PAT up 2.5x to INR 4,700 crore) and re...

bullish high
2 missed Read full analysis →
Q3 FY24 09 Feb 2024

Revenue ₹35,299 Cr (+15% YoY)

M&M reported a solid Q3 FY24 with consolidated PAT up 34% YoY (excluding one-offs), driven by strong auto performance.

bullish high
2 missed Read full analysis →
Q2 FY24 23 Oct 2023

Revenue ₹34,436 Cr

M&M reported a strong operating performance in Q2 FY24, with standalone revenue up 17% YoY and PAT up 67% YoY, driven by robust auto demand and market share gains.

bullish high
2 missed Read full analysis →
Q1 FY24 04 Aug 2023

Revenue ₹33,892 Cr (+19% YoY)

M&M reported a strong Q1 FY24 with consolidated PAT of INR 3,508 crore, up 60% YoY, driven by robust auto and farm performance.

bullish high
Scorecard starts after historical backfill Read full analysis →