The company produced 1,587 commercial vehicles in June 2026, up from 1,546 units in June 2025, while sales rose to 1,896 units from 1,807 units a year earlier.
Exports, however, fell to 34 units in June 2026 from 64 units in the corresponding month last year.
| Particulars | June FY27 | June FY26 | YoY Change |
|---|---|---|---|
| Production | 1,587 | 1,546 | +2.7% |
| Sales | 1,896 | 1,807 | +4.9% |
| Exports | 34 | 64 | -46.9% |
Q4FY26
The company had reported a modest rise in profit for the fourth quarter, even as revenue growth remained strong and margins came under pressure.
Net profit rose 2.36% year-on-year to ₹54.2 crore in Q4, compared with ₹53 crore in the same period last year. Revenue increased 16.4% to ₹898 crore from ₹771 crore, reflecting improved sales momentum.
Operating performance, however, remained largely flat. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood unchanged at ₹90.4 crore, while margins declined to 10.1% from 11.7% a year ago, indicating cost pressures.
The company’s board has recommended a final dividend of 235%, or ₹23.50 per equity share, for the financial year ended March 31, 2026.
Shares of SML Mahindra Ltd ended 1.74% higher at ₹3,904 on the NSE on Wednesday.
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