Mahindra & Mahindra Publishes Q3FY26 Financial Results in Newspapers

2 min read     Updated on 11 Feb 2026, 12:20 PM
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Reviewed by
Radhika SScanX News Team
Overview

Mahindra & Mahindra published its Q3FY26 unaudited financial results in newspapers as per regulatory compliance, showing strong consolidated performance with revenue growth of 26% to ₹52,099.75 crores and net profit surge of 47% to ₹4,674.64 crores. The company reported exceptional items worth ₹292.94 crores related to new Labour Codes implementation.

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*this image is generated using AI for illustrative purposes only.

Mahindra & Mahindra Limited published its unaudited standalone and consolidated financial results for Q3FY26 in newspapers on February 12, 2026, in compliance with Regulation 47 of the SEBI Listing Regulations. The company had earlier conducted an analyst and institutional investor meet on February 11, 2026, following the announcement of its exceptional Q3FY26 financial results.

Regulatory Compliance and Publication

The company published extracts of its financial results in Mumbai Edition newspapers - Business Standard (English) and Sakal (Marathi) in both print and electronic versions. The publication included a Quick Response code and webpage details where complete unaudited financial results along with the Limited Review Report are accessible to investors.

Compliance Details: Information
Publication Date: February 12, 2026
Newspapers: Business Standard & Sakal
Board Approval Date: February 11, 2026
Quarter Ended: December 31, 2025

Q3FY26 Consolidated Financial Performance

The company delivered outstanding consolidated results with substantial growth across all key financial metrics compared to the corresponding quarter of the previous year.

Financial Metrics: Q3FY26 Q3FY25 Growth (%)
Total Income from Operations: ₹52,099.75 crores ₹41,470.05 crores +26%
Profit Before Tax (Pre-Exceptional): ₹6,861.56 crores ₹5,091.99 crores +35%
Net Profit (PAT): ₹4,674.64 crores ₹3,180.58 crores +47%
Basic EPS: ₹41.85 ₹28.51 +47%
Diluted EPS: ₹41.69 ₹28.40 +47%

Standalone Financial Results

The standalone financial performance also showed strong growth momentum with significant improvements in revenue and profitability metrics.

Standalone Metrics: Q3FY26 Q3FY25 Growth (%)
Total Income from Operations: ₹38,941.65 crores ₹30,963.76 crores +26%
Profit Before Tax: ₹5,300.46 crores ₹3,967.90 crores +34%
Net Profit (PAT): ₹3,931.30 crores ₹2,964.31 crores +33%
Basic EPS: ₹32.72 ₹24.70 +32%

Impact of New Labour Codes

The company reported exceptional items related to the implementation of new Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws into four comprehensive codes.

Labour Code Impact: Amount
Group Impact (Consolidated): ₹292.94 crores
Company Impact (Standalone): ₹98.19 crores
Classification: Exceptional Items

Nine Months Performance

The nine months ended December 31, 2025 showed consistent strong performance with consolidated total income reaching ₹1,43,663.64 crores and net profit of ₹12,431.28 crores. The standalone nine months performance recorded total income of ₹1,08,164.43 crores with net profit of ₹11,901.66 crores.

Stock Exchange Communications

The financial results publication was communicated to all relevant stock exchanges including National Stock Exchange of India Limited, BSE Limited, The Luxembourg Stock Exchange, and London Stock Exchange Plc. The complete financial results are available on the company's website and stock exchange portals, accessible through QR codes provided in the newspaper advertisements.

Historical Stock Returns for Mahindra & Mahindra

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%-2.50%-9.94%-12.05%+20.28%+281.55%

Mahindra & Mahindra Subsidiary Partners with Mitsui Fudosan for Joint Venture in Real Estate Development

2 min read     Updated on 10 Feb 2026, 04:12 PM
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Reviewed by
Riya DScanX News Team
Overview

Mahindra & Mahindra's subsidiary Mahindra Lifespace Developers Limited has formed a joint venture with Mitsui Fudosan (Asia) Pte. Limited for residential real estate development in Bengaluru. The partnership involves transferring 49% stake in subsidiary MBLDL to the Japanese real estate developer, with both companies participating in a Rs. 230,30,00,000 rights issue in 51:49 ratio. The joint venture will develop the 'Alembic Undertaking' project with consideration not exceeding Rs. 100 crores, expected to complete by March 31, 2026.

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*this image is generated using AI for illustrative purposes only.

Mahindra & Mahindra Limited has announced a significant strategic partnership through its listed subsidiary, Mahindra Lifespace Developers Limited (MLDL), which executed joint venture agreements with Mitsui Fudosan (Asia) Pte. Limited on February 9, 2026. The partnership involves the transfer of equity stake in MLDL's subsidiary for residential real estate development in Bengaluru.

Joint Venture Structure and Shareholding

Under the executed Shareholders Agreement and Investment Agreement, MLDL will transfer 49% equity stake in Mahindra Blossom Developers Limited (MBLDL) to Mitsui Fudosan (Asia) Pte. Limited (MFA). This transaction will result in MBLDL ceasing to be a wholly-owned subsidiary of MLDL, though it will continue as a subsidiary and remain a step-down subsidiary of Mahindra & Mahindra Limited.

Parameter: Details
Transfer Percentage: 49% equity stake
Remaining MLDL Stake: 51%
Transaction Date: February 9, 2026
Partner: Mitsui Fudosan (Asia) Pte. Limited

Project Details and Asset Transfer

The joint venture centers around the development of the 'Alembic Undertaking', a residential real estate development project in Bengaluru. MLDL will transfer this undertaking, including all relevant assets and liabilities, to MBLDL as a going concern on a slump sale basis. The value of consideration, including relevant assets after deducting liabilities, aggregates to a net amount not exceeding Rs. 100 crores.

Financial Structure and Rights Issue

MBLDL will undertake a substantial rights issue to fund the project development. The company will issue 23,03,00,000 equity shares with a face value of Rs. 10 each, aggregating to Rs. 230,30,00,000. Both partners will subscribe to this rights issue maintaining their ownership ratio:

Subscriber: Shareholding Ratio Subscription Amount
MLDL: 51% Rs. 117,45,30,000
MFA: 49% Rs. 112,84,70,000
Total Issue Size: 100% Rs. 230,30,00,000

Corporate Governance and Board Composition

The joint venture agreement establishes a structured governance framework for MBLDL. The board composition will reflect the ownership structure, with MLDL having the right to nominate up to three directors, while MFA can nominate two directors. Additionally, an Independent Director or other director may be appointed as required under applicable laws and transaction documents.

Regulatory Compliance and Approvals

The transaction documents are subject to receipt of all necessary approvals, including shareholders' approval as required under applicable laws. The agreements comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related provisions. The Business Transfer Agreement and Conveyance Deed are expected to be executed before March 31, 2026, or as mutually agreed between the parties.

Strategic Partnership Background

Mitsui Fudosan (Asia) Pte. Limited represents one of Japan's largest real estate developers with global presence. The partnership aims to provide operational flexibility, efficient management, sharp execution focus, and better monitoring of the residential project. This collaboration leverages MFA's international expertise in real estate development while maintaining MLDL's local market knowledge and project management capabilities.

Historical Stock Returns for Mahindra & Mahindra

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%-2.50%-9.94%-12.05%+20.28%+281.55%

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1 Year Returns:+20.28%