Mahindra & Mahindra Limited has informed the Exchange regarding Outcome of Board Meeting held on May 05, 2026.
M&M · price
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Mahindra & Mahindra reported strong FY 2026 results with consolidated revenue from operations of Rs. 1,97,793 crore, up 24.6% from Rs. 1,58,750 crore in FY 2025. Consolidated profit after tax grew 32.3% to Rs. 18,622 crore from Rs. 14,073 crore. Standalone PAT was Rs. 15,639 crore vs Rs. 11,855 crore previous year. The Board recommended a final dividend of Rs. 33 per share (660%), a 30% increase from Rs. 25.3 per share last year. The 80th AGM will be held on July 30, 2026. Mr. K N Vaidyanathan concludes his term as Group Chief Internal Auditor on June 30, 2026, and Mr. Vimal Agarwal takes over from July 1, 2026.
The company delivered robust double-digit growth in both revenue and profitability for FY 2026. The 30% dividend increase signals confidence in sustained earnings growth and is positive for shareholder returns. The stock is likely to react positively to the strong results and higher dividend payout.