NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

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.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

ParameterQ4 2025Q4 2026 (Est.)Y-o-Y GrowthQ-o-Q Growth
Net Profit-Rs. 3,539.5 crore45.2%-12.2%
Net Sales-Rs. 38,062.1 crore21.4%-1.2%
EBITDA-Rs. 38,062.1 crore21.4%-1.2%

Investor Takeaway

Investors should expect a significant increase in Mahindra and Mahindra's Q4 profit.

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