SML Mahindra Ltd

Revenue from operations rose 6.67% QoQ to Rs 957.54 crore in the quarter ended 30 June 2026. On a year-on-year (YoY) basis, standalone net profit declined 4.98%, while revenue from operations rose 13.19% in the quarter ended 30 June 2026. Total expenses increased 15.17% YoY to Rs 873.45 crore in Q1 FY27. The cost of materials consumed stood at Rs 622.39 crore, up 9.12% YoY, while employee benefits expense rose 18.87% YoY to Rs 68.91 crore. Profit before tax (PBT) stood at Rs 85.28 crore in Q1 FY27, down 4.76% YoY. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. Powered by Capital Market - Live

Net profit of SML Mahindra declined 4.99% to Rs 63.62 crore in the quarter ended June 2026 as against Rs 66.96 crore during the previous quarter ended June 2025. Sales rose 13.20% to Rs 957.54 crore in the quarter ended June 2026 as against Rs 845.89 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales957.54845.89 13 OPM %10.4512.41 - PBDT98.55101.98 -3 PBT85.2889.55 -5 NP63.6266.96 -5 Powered by Capital Market - Live

The company's commercial vehicle production stood at 1,587 units during the month, registering a growth of 2.65% compared with 1,546 units produced in the corresponding period last year. However, exports declined 46.87% to 34 units in June 2026 from 64 units in June 2025. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company reported a marginal 2.36% year-on-year (YoY) rise in standalone net profit to Rs 54.20 crore for the fourth quarter ended 31st March 2026, compared with Rs 52.95 crore in the corresponding quarter last year. Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. The counter rose 1.31% to Rs 3,886.75 on the BSE. Powered by Capital Market - Live

SML Mahindra will hold a meeting of the Board of Directors of the Company on 20 July 2026.

The company's cargo vehicle sales decreased 26% YoY to 355 units, while passenger vehicle sales rose 13% YoY to 1,575 units from 1,391 units in the year-ago period. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company reported a marginal 2.36% year-on-year (YoY) rise in standalone net profit to Rs 54.20 crore for the fourth quarter ended 31st March 2026, compared with Rs 52.95 crore in the corresponding quarter last year. Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. The counter slipped 2.07% to Rs 4,010.90 on the BSE. Powered by Capital Market - Live

SML Mahindra announced its sales figures for month of June 2026 as given below: Particulars  Jun-26 Jun-25 % Change  Cargo Vehicles  355 480 -26% Passenger Vehicles  1575 1391 13% Total  1930 1871 3%

The company's board of directors approved the leadership change at its meeting held on 10 June 2026, based on the recommendation of the Nomination and Remuneration Committee, SML Mahindra said in a regulatory filing. Consequent to his cessation as Executive Director and CEO, Srinivas will also cease to be a Director and Key Managerial Personnel of the company under the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. To ensure continuity in leadership, the board has entrusted additional responsibilities to Executive Chairman Vinod Kumar Sahay with effect from July 1, 2026. Sahay will oversee the company's executive functions until a new Chief Executive Officer is appointed. The company said the change is part of an internal leadership transition within the Mahindra Group. No further details regarding his new role were disclosed. SML Mahindra clarified that the cessation is not due to resignation, removal or any governance-related matter, but solely on account of his movement to another role within the group. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company reported a marginal 2.36% year-on-year (YoY) rise in standalone net profit to Rs 54.20 crore for the fourth quarter ended 31st March 2026, compared with Rs 52.95 crore in the corresponding quarter last year. Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. The counter slipped 0.85% to Rs 3,733.45 on the BSE. Powered by Capital Market - Live

The company's commercial vehicle production stood at 1,729 units during the month, registering a growth of 6.86% compared with 1,618 units produced in the corresponding period last year. Exports witnessed robust growth, surging 122.50% to 89 units in May 2026 from 40 units exported in May 2025. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company reported a marginal 2.36% year-on-year (YoY) rise in standalone net profit to Rs 54.20 crore for the fourth quarter ended 31st March 2026, compared with Rs 52.95 crore in the corresponding quarter last year. Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. The counter slipped 1.99% to Rs 3,711.95 on the BSE. Powered by Capital Market - Live

The company's commercial vehicle production stood at 1,729 units during the month, registering a growth of 6.86% compared with 1,618 units produced in the corresponding period last year. Exports witnessed robust growth, surging 122.50% to 89 units in May 2026 from 40 units exported in May 2025. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company reported a marginal 2.36% year-on-year (YoY) rise in standalone net profit to Rs 54.20 crore for the fourth quarter ended 31st March 2026, compared with Rs 52.95 crore in the corresponding quarter last year. Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. The counter slipped 1.99% to Rs 3,711.95 on the BSE. Powered by Capital Market - Live

SML Mahindra sold 1767 units in month of May 2026 compared to 1543 units in May 2025, recording a growth of 15%. Total sales comprise of cargo vehicle sales of 344 units (down 17% YoY) and passenger vehicle sales of 1,423 units (up 26% YoY).