M&M Q3 Results 2026 Highlights: Net profit jumps 33% to ₹3,931 crore; revenue grows 26% YoY to ₹38,517 crore

M&M Q3 Results 2026 Highlights: M&M share price ends flat at ₹3,674.65 apiece on the BSE, and the stock ends at ₹3,675 per share on the NSE.

M&M Q3 Results 2026 LIVE: According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, The stock is witnessing heightened volatility amid its quarterly results announcement. Prices initially gained nearly 3% in early trade, approaching the all-time high zone, but profit booking thereafter erased the gains, leading to a flat close.

Post this sharp intraday move, consolidation is likely in the near term. Dips could be viewed as buying opportunities considering the prevailing uptrend and supportive moving average structure. Strong support is placed around 3500, coinciding with a bullish island reversal formation, while 3800–3850 is expected to act as a resistance zone.

M&M Q3 Results 2026 LIVE: Dr. Anish Shah, Group CEO & Managing Director, said, “We are delighted to report solid operating performance across the group in Q3’F26, reflecting our strong focus on growth coupled with disciplined execution. Auto & Farm has maintained its leadership position on the back of steady customer demand, strong product acceptance and unwavering focus on operational excellence.

TechM continues to make meaningful progress. Mahindra Finance delivered another solid quarter with meaningful PAT growth while maintaining strong asset quality. We are especially pleased to see breakout performance from two of our growth gems, Mahindra Logistics and Mahindra Lifespaces. "

M&M Q3 Results 2026 LIVE: According to Anshul Jain, Head of Research at Lakshmishree, Mahindra & Mahindra is showing signs of a failed breakout post earnings, with price struggling near the daily swing high around 3,729.9. The inability to sustain above this level signals exhaustion rather than continuation, especially as follow-through buying remains muted.

Jain believes that the short-term structure is weakening, and momentum indicators are rolling over after the earnings spike. A pullback toward the 3,600 zone now appears highly likely. This area is technically significant as it houses the converging 10, 20, and 50-day EMAs, which may offer interim support.

“Volume behavior suggests profit booking rather than fresh accumulation. If 3,600 fails to hold, deeper correction risk will rise. Until price reclaims and sustains above 3,729.9 with strong participation, the setup favors consolidation to downside bias rather than renewed upside momentum,” said Anshul.

M&M Q3 Results 2026 LIVE: Consolidated revenue increased by 24.4% year-over-year to ₹51,580 crore, representing the first occasion Mahindra & Mahindra has surpassed the ₹50,000-crore revenue threshold in a single quarter.

M&M Q3 Results 2026 LIVE: On a consolidated basis, Mahindra Group announced a 47% increase in net profit year-on-year, reaching ₹4,674.7 crore, up from ₹3,180.6 crore in Q3FY25. This rise in profit accounted for the effects of costs associated with the labor code.

M&M Q3 Results 2026 LIVE: M&M’s Truck & Bus business achieved total volume of 6,526 units, 36% YoY growth compared to industry growth of 22%, SML had the highest growth across the CV industry, achieving a 62% volume increase. ILCV Buses grew at 47% (Industry 12%), while ILCV Trucks grew 43% (Industry 36%). HCVs grew at 11% (Industry 19%).

M&M Q3 Results 2026 LIVE: The overall trend for M&M stock is bullish and the price has recently formed a support base around its 200 DEMA. Traders can keep a buy on dip approach and look for buying opportunities on any declines towards ₹3,500 - ₹3,450, said Ruchit Jain, Head, Equity Technical Research, Wealth Management, Motilal Oswal Financial Services Ltd.

M&M Q3 Results 2026 LIVE: M&M share price traded marginally higher after the announcement of Q3 results. The auto stock jumped as much as 3% to an intraday high of ₹3,786 apiece on the BSE. M&M share price was now trading 0.31% higher at ₹3,686.85 apiece.

M&M Q3 Results 2026 LIVE: Our Q3 consolidated results reflect the strength and depth of our diversified portfolio. Our services businesses continue to increase their contribution to the overall results. Our results are also translating into a very strong Balance Sheet, said Amarjyoti Barua, Group Chief Financial Officer (CFO), M&M.

M&M Q3 Results 2026 LIVE: Farm Equipment segment’s revenue during the December quarter increased 24.88% to ₹10,199.69 crore from ₹8,167.34 crore. The segment’s EBIT rose 39.36% to ₹2,060.78 crore from ₹1,478.72 crore, YoY.

M&M Q3 Results 2026 LIVE: M&M’s automotive segment revenue in Q3FY26 grew 26.55% to ₹28,361.48 crore from ₹22,410.06 crore, YoY. The segment’s EBIT increased 23.85% to ₹2,683.94 crore from ₹2,167.04 crore, YoY.

M&M Q3 Results 2026 LIVE: Auto and Farm businesses delivered strong performance in Q3’FY26. We have achieved a 90 bps YoY increase in SUV revenue share and 10 bps YoY increase in LCV (< 3.5T) market share in Q3. Our tractor business gained 20 bps YoY to reach an impressive 44.1% share for YTD FY26. Our new launches XEV 9S, and the XUV 7XO have received very positive response in the market, said Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M.

M&M Q3 Results 2026 LIVE: M&M’s tractor market share in Q3FY26 falls 20 bps to 44.0%.

M&M Q3 Results 2026 LIVE: M&M’s SUV revenue market share in Q3FY26 was at 24.1%, up 90 bps.

M&M Q3 Results 2026 LIVE: M&M’s total tractor sales in Q3FY26 grew 23% to 1,49,567 units from 121,774 units, YoY.

M&M Q3 Results 2026 LIVE: In the automobile segment, M&M’s total auto sales grew 23% to 3,02,238 units in Q3FY26 as compared with 2,45,499 units sold in the same period last fiscal year.

M&M Q3 Results 2026 LIVE: At the operational level, EBITDA grew 27% to ₹5,668 crore from ₹4,468 crore, YoY. EBITDA margin improved to 14.7% from 14.6%, YoY.

M&M Q3 Results 2026 LIVE: Revenue from operations in Q3FY26 increased 26.12% to ₹38,516.8 crore from ₹30,538.2 crore, YoY.

M&M Q3 Results 2026 LIVE: M&M’s standalone net profit in Q3FY26 rose 32.6% to ₹3,931.30 crore from ₹2,964.31 crore, YoY.

M&M Q3 Results 2026 LIVE: Motilal Oswal expects M&M to post strong 32% YoY growth in Q3 earnings. M&M posted a strong 23% YoY growth in tractors as well as in PVs. While auto volume growth has been strong, a few adverse factors to note are: rising discounts QoQ, adverse mix, and rising input costs. As a result, MOFSL factors in marginal margin expansion QoQ for the Auto segment. For the tractor segment, it expects a 190 bps margin expansion YoY to 20%. Other income for 3Q is likely to be boosted by gains from the RBL Bank stake sale in Q3.

M&M Q3 Results 2026 LIVE: M&M share price was trading over 2% higher on Wednesday ahead of its Q3 results today. The auto stock has rallied 18% in the past six months, and has delivered multibagger returns of 175% in three years. M&M shares have surged 310% in five years and have jumped 566% in ten years.

M&M Q3 Results 2026 LIVE: M&M’s revenue in Q3FY26 is estimated to grow around 30% to ₹39,700 crore from ₹30,538 crore, year-on-year (YoY), according to estimates by brokerages.

M&M Q3 Results 2026 LIVE: M&M is expected to report around 33% growth in its net profit at ₹3,943 crore in the December quarter as compared with ₹2,964.3 crore in the year-ago period, according to estimates by brokerages.

M&M Q3 Results 2026 LIVE: M&M share price rose over 2% on Wednesday ahead of the announcement of its Q3 results today. M&M shares gained as much as 2.81% to ₹3,778.90 apiece on the BSE.

M&M Q3 Results 2026 LIVE: M&M’s total sales volumes in the quarter ended December 2025 increased 23.1% YoY to ₹4,22,937 units. Net realisations are estimated to remain healthy and grow over 7% YoY, while operating leverage may aid earnings growth.

M&M Q3 Results 2026 LIVE: Auto major Mahindra & Mahindra (M&M) will announce its Q3 results today, 11 February 2026. The auto major is expected to deliver robust earnings during the third quarter of FY26, driven by strong auto and farm volumes growth and healthy realisations.