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SML Mahindra reports 5% fall in Q1 net profit

21 Jul 2026 Evaluate

SML Mahindra has reported its results for the first quarter ended June 30, 2026 (Q1FY27).

The company has reported a 4.99% fall in its net profit at Rs 63.62 crore for the quarter ended June 30, 2026, as compared to Rs 66.96 crore for the same quarter in the previous year. However, total income increased by 13.06% to Rs 958.73 crore for Q1FY27 as compared to Rs 847.95 crore for the corresponding quarter of the previous year.

SML Mahindra (formerly SML Isuzu) is primarily engaged in the business of manufacture and sale of Commercial Vehicles such as Buses, Trucks, and Special Application vehicles; and their parts.

Peers
Company Name CMP
Tata Motors 434.35
Ashok Leyland 163.95
Force Motors 17705.00
Olectra Greentech 1210.30
SML Mahindra 6591.10
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