
Mahindra and Mahindra Projected to Report 45.2% Year-Over-Year Increase in Q4 Profit to Rs. 3,539.5 Crores: ICICI Securities
ICICI Securities Publishes Q4 Earnings Estimates for Indian Automobile Sector
ICICI Securities has released its earnings estimates for the fourth quarter (January-March 2026) of the Indian Automobile sector. The brokerage house expects Mahindra and Mahindra to report a significant increase in net profit, with an estimated figure of Rs. 3,539.5 crore, representing a year-on-year growth of 45.2%. However, on a quarterly basis, the net profit is expected to decline by 12.2 percent.
According to ICICI Securities, the net sales of Mahindra and Mahindra are expected to rise by 21.4 percent year-on-year to Rs. 38,062.1 crore. Notably, this growth is expected to be accompanied by a decline of 1.2 percent on a quarterly basis.
The estimated earnings before interest, tax, depreciation, and amortisation (EBITDA) for Mahindra and Mahindra are expected to increase by 21.4 percent year-on-year to Rs. 38,062.1 crore, mirroring the growth in net sales. On a quarterly basis, however, the EBITDA is expected to decline by 1.2 percent.
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| Parameter | Q4 2025 | Q4 2026 (Est.) | Y-o-Y Growth | Q-o-Q Growth |
|---|---|---|---|---|
| Net Profit | - | Rs. 3,539.5 crore | 45.2% | -12.2% |
| Net Sales | - | Rs. 38,062.1 crore | 21.4% | -1.2% |
| EBITDA | - | Rs. 38,062.1 crore | 21.4% | -1.2% |
Investor Takeaway
Investors should expect a significant increase in Mahindra and Mahindra's Q4 profit.
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