Mahindra & Mahindra Limited (NSE:M&M)

Revenue by Segment

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
Automotive	1.18T	908.25B	761.56B	615.46B	370.13B
Automotive Growth	29.74%	19.26%	23.74%	66.28%	42.41%
Farm Equipment	425.68B	353.75B	334.74B	348.70B	270.60B
Farm Equipment Growth	20.33%	5.68%	-4.00%	28.86%	9.14%
Financial Services	209.49B	182.96B	156.52B	126.14B	112.09B
Financial Services Growth	14.50%	16.89%	24.09%	12.53%	-6.52%
Industrial Businesses and Consumer Services	227.49B	189.71B	177.19B	190.28B	-
Industrial Businesses and Consumer Services Growth	19.91%	7.07%	-6.88%	-	-
Inter-Segment Revenue	-54.62B	-42.56B	-39.23B	-66.96B	-26.76B
Net Unallocable Interest Income	-	12.33B	7.74B	5.10B	4.16B
Net Unallocable Interest Income Growth	-	59.30%	51.80%	22.42%	-8.64%
Real Estate	-	-	-	-	3.97B
Real Estate Growth	-	-	-	-	116.30%
Hospitality	-	-	-	-	20.59B
Hospitality Growth	-	-	-	-	17.89%
Others	-	-	-	-	151.08B
Others Growth	-	-	-	-	31.08%
Total	1.99T	1.60T	1.40T	1.22T	905.87B
Total Growth	23.81%	14.72%	14.75%	34.54%	21.21%

Revenue by Geography

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
India	1.44T	1.23T	1.04T	744.99B
India Growth	17.16%	18.18%	39.90%	20.67%
Overseas	149.11B	159.12B	171.41B	156.72B
Overseas Growth	-6.29%	-7.17%	9.37%	24.96%
Total	1.59T	1.39T	1.21T	901.71B
Total Growth	14.48%	14.60%	34.59%	21.40%

Source: S&P Global Market Intelligence.