SML Mahindra Q2 FY27 Results: Revenue Up 20%, Profit Down Sharply
SMLMAH · price
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SML Mahindra (formerly SML Isuzu) reported Q2 FY27 revenue of Rs 669.79 crores, up about 20.7% YoY from Rs 555.11 crores. However, Q2 PAT fell to Rs 11.70 crores from Rs 21.05 crores, a 44% YoY decline. H1 revenue rose to Rs 1,627.33 crores while H1 PAT eased to Rs 75.32 crores. Operating cash flow improved sharply to Rs 323.78 crores from Rs 129.12 crores. Board approved acquisition of Truck and Bus Division from Mahindra and Mahindra for Rs 525 crores, closing by 31 Jan 2027.
Q2 revenue grew strongly but profit dropped sharply on margin compression. Major M&M unit acquisition could transform scale post-close.