Mahindra EPC Irrigation Limited, a subsidiary of Mahindra and Mahindra Limited, disclosed a 23.36% decrease in its Q4 FY26 profit, with a consolidated net profit of Rs 4.79 crore, down from Rs 6.25 crore in the previous year. The company’s profit before tax also plummeted by 64.36% to Rs 3.36 crore compared to Rs 6.36 crore in Q4 FY25.
Revenue from operations, however, witnessed an 11.58% year-on-year increase to Rs 107 crore during the quarter, up from Rs 95.89 crore a year earlier. This revenue growth was offset by a surge in expenses, impacting overall profitability.
Total expenses surged by 15.5% to Rs 101.64 crore in Q4 FY26 from Rs 88 crore in the same period last year. The cost of materials consumed rose by 8.12% to Rs 40.63 crore, while employee benefit expenses increased by 18.89% to Rs 9.88 crore.
Mahindra EPC Irrigation specializes in the micro-irrigation sector, providing products like drip and sprinkler systems, agricultural pumps, greenhouses, and landscape solutions. The company’s primary focus is on enhancing farm productivity through efficient water management solutions.
For the full financial year ending March 31, 2026, the company reported a net profit of Rs 12.69 crore and revenue of Rs 315.79 crore. The board has sanctioned several key appointments, including Shriprakash Shukla as a non-executive, non-independent director, and Ramesh Ramachandran’s reappointment as managing director for three years starting September 15, 2026. Dr. Purvi Mehta and Balram Singh Yadav have been appointed as additional non-executive independent directors for a five-year term from April 21, 2026, to April 20, 2031.
Shares of the company closed 1.76% higher at Rs 128.17 on the BSE on April 21.
