This report examines the impact of employee benefit expenses on the financial performance of Mahindra & Mahindra. The study utilizes secondary data, primarily from the company's annual reports over an eleven-year period, to assess the correlation between employee benefit expenses and revenue generation. The research employs SPSS for data analysis, focusing on regression analysis and correlation to determine the relationship between the two variables. The findings indicate a positive relationship, suggesting that increased investment in employee benefits correlates with higher revenue. The report explores the justification for this relationship, reviews relevant literature on employee benefits and revenue, and discusses the implications for employee motivation, job satisfaction, and retention. The methodology includes a deductive research approach with an exploratory design, using secondary data analysis. The conclusion and recommendations address the importance of employee benefits for financial success, with limitations acknowledged regarding data sources and research tools.