Mazda Limited reported a robust start to the fiscal year, with revenue from operations surging 61.87 percent to ₹803.39 crore in the first quarter ended June 30, 2026 (Q1FY26), compared to ₹496.31 crore in the same period last year. Net profit after tax rose 49.23 percent to ₹73.34 crore from ₹49.15 crore year-on-year. The strong top-line growth was primarily driven by its Engineering Division, which saw revenues more than double, while earnings per share increased to ₹3.66 from ₹2.45.

The Board of Directors approved the unaudited standalone financial results at a meeting held on August 10, 2026. The results were reviewed by Mayank Shah & Associates, the statutory auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also announced that its 36th Annual General Meeting will be held on September 21, 2026, via video conferencing.

Financial Performance Overview

The following table details the key financial metrics for Q1FY26 compared to the prior year period:

Segment-Wise Breakdown

Mazda Limited operates through two primary segments: Engineering and Food. The Engineering Division remains the dominant contributor to both revenue and profitability.

• Engineering Division: Revenue soared 59.04 percent to ₹673.89 crore from ₹423.71 crore. Segment profit before tax rose significantly to ₹116.05 crore from ₹81.49 crore.
• Food Division: Revenue grew sharply by 78.38 percent to ₹129.50 crore from ₹72.60 crore. Segment profit before tax expanded substantially to ₹17.94 crore from ₹3.17 crore.

Total segment assets stood at ₹2,198.62 crore, with Engineering holding ₹1,572.17 crore and Food holding ₹626.45 crore. Total liabilities were recorded at ₹666.41 crore.

What the Numbers Show

The most notable aspect of Mazda Limited’s Q1FY26 performance is the accelerated growth trajectory compared to the previous fiscal year. While the company reported total income of ₹2,191.07 crore for the full FY25, the Q1FY26 revenue alone accounts for approximately 37 percent of the previous year’s total operational revenue. This suggests a significant uptick in order conversion or production capacity utilization.

Furthermore, the operating leverage is evident as net profit growth (49.23 percent) closely tracks revenue growth (61.87 percent), indicating efficient cost management despite the scale expansion. Finance costs remained low at ₹1.83 crore, down from ₹1.55 crore in Q1FY25, contributing to the improved bottom line. The substantial rise in other income to ₹35.95 crore from ₹42.73 crore was offset by higher employee benefit expenses and labor charges, reflecting the operational intensity of the growth.

Mazda Limited has announced that its 36th Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 12:00 p.m. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), allowing shareholders to participate without physical presence at the deemed venue. This arrangement complies with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

The company has outlined specific timelines for shareholder participation, including the book closure period and e-voting window. Shareholders must ensure their names appear in the register of members as of the record date to be eligible for attending the AGM and receiving dividends. The cut-off date for e-voting eligibility aligns with the end of the book closure period.

Key Dates for Shareholders

The following table details the critical dates associated with the 36th AGM:

E-Voting Process

Shareholders entitled to vote at the AGM may cast their votes electronically during the remote e-voting period. The remote e-voting period begins on Friday, September 18, 2026, at 9:00 a.m. and ends on Sunday, September 20, 2026, at 5:00 p.m. Votes cast during this period will be counted alongside those cast during the live AGM session. The cut-off date for determining voting rights is Monday, September 14, 2026.

Compliance and Venue Details

The AGM is being held in compliance with regulatory guidelines permitting virtual meetings. While there is no physical gathering, the deemed venue for the meeting is the company’s corporate office located at Mazda House, 650/1, Panchwati 2nd Lane, Ambawadi, Ahmedabad- 380 006. This address serves as the official location for legal purposes related to the meeting proceedings.

What the Numbers Show

The scheduling of the AGM via VC/OAVM reflects the continued adoption of digital governance practices among Indian listed entities. By extending the remote e-voting window from September 18 to September 20, Mazda Limited provides shareholders with a three-day period to exercise their voting rights before the live meeting commences. This structure aims to enhance shareholder participation by offering flexibility in timing, distinct from the single-day constraint of physical attendance.