Mahindra Q3 profit after tax up 34%
10 months, 1 week ago

Mahindra Q3 profit after tax up 34%

New Indian Express  

MUMBAI: Mahindra & Mahindra on Wednesday reported a 34 per cent increase in its consolidated profit after tax at Rs 2,658 crore for the third quarter ended December 31, 2023, driven by robust sales across verticals. The auto major had reported a profit after tax of Rs 1,984 crore for the October-December quarter of the last financial year. Revenue increased 15 per cent to Rs 35,299 crore for the period under review, as compared to Rs 30,621 crore in the year-ago period, Mahindra & Mahindra said in a regulatory filing. Farm has gained market share despite tough market conditions," M&M Managing Director & CEO Anish Shah said.

 34  reported  profit  crore  rs  share  mahindra  market  quarter  tax  shah  q3

History of this topic

Mahindra closes in on Tata Motors as EV sales falter
1 week, 1 day ago

Mahindra closes in on Tata Motors as EV sales falter

Live Mint  

Mahindra & Mahindra has surpassed Tata Motors as India’s third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company. Tata Motors’ market share, driven by the Nexon EV, peaked at just over 14% in March but its performance …

M&M outpaces rivals with strong PV volume growth, margin expansion in Q2; becomes Jefferies’ top auto pick
1 month, 1 week ago

M&M outpaces rivals with strong PV volume growth, margin expansion in Q2; becomes Jefferies’ top auto pick

Live Mint  

The Indian Passenger Vehicle industry experienced a subdued September quarter, with Original Equipment Manufacturers reporting varied performance in terms of volume growth and margin trajectories. In contrast, Maruti Suzuki India, Tata Motors, and Hyundai Motor India reported volume declines of 2–9% YoY during the same period. > Tata Motors India PV: EBIT margin declined by 10 bps QoQ and a …

Mahindra to Ramp Up Thar Production, Net Profit Up 13% to Rs 3,841 Crore
Trending News
1 month, 2 weeks ago

Mahindra to Ramp Up Thar Production, Net Profit Up 13% to Rs 3,841 Crore

Deccan Chronicle  

Pune: Mahindra & Mahindra, the SUV specialist, on Thursday said it is confident of doing better than the industry growth rate, and emphasized its earlier sales growth target of mid to high teens during the media interaction with journalists after the September quarter results on November 7. "Our SUV sales volumes increased by 18 per cent YoY, maintaining leadership in …

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore
1 month, 2 weeks ago

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore

The Hindu  

Mahindra & Mahindra Ltd reported 35% growth in consolidated net profit at ₹3,171 crore for the second quarter ended September 30, 2024, as compared with ₹2,348 crore in the year-ago period due to strong performance of all its businesses. Services business delivered 1.8 times net profit as compared to the year ago period, the company said. The auto business reported …

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY
1 month, 2 weeks ago

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY

Live Mint  

Mahindra & Mahindra Ltd on Thursday, November 7 reported a 35% year-on-year jump in its consolidated net profit to ₹3,171 crore for the second quarter of FY25. Meanwhile, the auto major's consolidated revenue from operations grew 10% YoY to ₹37,689 crore in Q2 FY24 from ₹34,281 crore in Q2 FY24. Automobile Segment Mahindra’s Auto segment revenue in Q2 FY25 grew …

Despite higher margins and top-line, M&M net slips 5.3 per cent to Rs 2,613 crore
4 months, 3 weeks ago

Despite higher margins and top-line, M&M net slips 5.3 per cent to Rs 2,613 crore

New Indian Express  

MUMBAI: The homegrown automaker Mahindra and Mahindra has reported a marginal 5.3 percent year-on-year fall in standalone net in the June quarter at Rs 2,613 crore despite a healthy topline growth and robust margins. The company said its market share from a revenue angle in the SUV segment rose at 21.6 percent, up 130 bps, and in tractors it retained …

Tech Mahindra net profit up 23% to Rs 851 cr; revenue from ops down 1.2% at Rs 13,159 cr
4 months, 4 weeks ago

Tech Mahindra net profit up 23% to Rs 851 cr; revenue from ops down 1.2% at Rs 13,159 cr

New Indian Express  

BENGALURU: Tech Mahindra on Thursday reported a 23% increase in its consolidated net profit at Rs 851.5 crore for the June quarter as against Rs 692.5 crore in the year-ago period. The company’s revenue from operations in the quarter stood at Rs 13,005 crore, down 1.2% YoY, compared to Rs 13,159 crore in the same quarter last year. Mohit Joshi, …

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights
5 months, 1 week ago

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs1,988 crore in the first quarter of FY25, upon a revenue of ₹11,928 crore. Here are key highlights from Bajaj Auto Q1 Results: Net Profit Bajaj Auto Q1 net profit rose 19.4% to Rs1,988 crore from ₹1,665 crore in the year-ago quarter. Revenue Bajaj Auto's revenue …

Mahindra & Mahindra records sharpest intraday fall in 28 months, plunges over 7%
5 months, 2 weeks ago

Mahindra & Mahindra records sharpest intraday fall in 28 months, plunges over 7%

Hindustan Times  

Shares of Mahindra and Mahindra fell 7.3 per cent to ₹2,711.75 on the BSE today. With this, the stock of the automobile company recorded its sharpest intraday fall in the past 28 months. In past eight months, the stock M&M has appreciated by 92 per cent and in the current calendar year 2024, it has rallied 70 per cent. Mahindra …

Mahindra & Mahindra share price jumps over 7% to record high after Q4 results
7 months, 1 week ago

Mahindra & Mahindra share price jumps over 7% to record high after Q4 results

Hindustan Times  

Mahindra & Mahindra share price: The share price of Mahindra & Mahindra rose 7 per cent today as analysts remained bullish on the stock and raised the target price following the company's robust Q4 results. The brokerage retained its ‘Buy’ rating and raised M&M share price target to ₹2,760 per share from ₹2,380 earlier. Emkay Global Financial Services upgraded FY25E …

Mahindra & Mahindra share price hits 52-week high to become top Nifty 50 gainer. Here's why
7 months, 3 weeks ago

Mahindra & Mahindra share price hits 52-week high to become top Nifty 50 gainer. Here's why

Hindustan Times  

Mahindra & Mahindra share price: The share price of Mahindra and Mahindra touched a 52-week high today after the carmaker unveiled its compact sports utility vehicle XUV 3XO. Mahindra & Mahindra share price: Mahindra's XUV 3XO bookings will open online and simultaneously at Mahindra dealerships from May 15. Mahindra & Mahindra XUV 3XO launched Mahindra unveiled the XUV 3XO which …

Tech Mahindra profit down 41%; sees turnaround
7 months, 4 weeks ago

Tech Mahindra profit down 41%; sees turnaround

New Indian Express  

BENGALURU: Tech Mahindra CEO and MD Mohit Joshi on Thursday at a post-earnings analyst call laid down a three-year road map and said FY25 will be a 'turaround phase', FY26 will be ‘stabilisation phase’ and FY27 will be ‘Reaping returns’. Tech Mahindra on Thursday posted a 41% YoY fall in its net profit for the March quarter at Rs 661 …

M&M shares jump over 5% to record high on supply deal with Volkswagen
10 months, 1 week ago

M&M shares jump over 5% to record high on supply deal with Volkswagen

Live Mint  

Mahindra & Mahindra share price rallied over 5% to a 52-week high after the company signed a supply agreement for Volkswagen components to be used in its electric vehicles. The agreement between Volkswagen Group and M&M is for the supply of components of Volkswagen’s MEB for Mahindra’s purpose-built electric platform INGLO. Mahindra plans to launch five all-electric SUVs in India …

M&M Q3: Automaker Logs Net Profit Growth Of 34 Per Cent On Strong Sales
10 months, 1 week ago

M&M Q3: Automaker Logs Net Profit Growth Of 34 Per Cent On Strong Sales

ABP News  

Automaker Mahindra & Mahindra clocked a 34 per cent jump in its consolidated profit on a year-on-year basis in its third quarter earnings on Wednesday. The vehicle sales of the firm grew 20 per cent to 2,11,443 units sold in the October-December quarter in the current fiscal year, against 1,76,094 units sold in the corresponding quarter a year earlier. At …

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL
10 months, 1 week ago

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL

Live Mint  

Adani Group: US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody's upgraded the ratings of four Adani firms to stable — Adani Green Energy Ltd, Adani …

Mahindra & Mahindra Q3 net profit surges 60 per cent YoY to Rs 2,454 crore, revenue rises 16 per cent
10 months, 1 week ago

Mahindra & Mahindra Q3 net profit surges 60 per cent YoY to Rs 2,454 crore, revenue rises 16 per cent

India TV News  

Mahindra & Mahindra, the manufacturer of the 'Scorpio' SUV, reported a smaller-than-expected increase in third-quarter profit on Wednesday. The standalone profit after tax for Mahindra & Mahindra rose by 60.6 per cent to Rs 2,454 crore in the three months ending December 31. Farm has gained market share despite tough market conditions," M&M Managing Director & CEO Anish Shah said. …

Tata Motors Q3 Consolidated Net Profit Jumps to Rs 7025 Crore
10 months, 3 weeks ago

Tata Motors Q3 Consolidated Net Profit Jumps to Rs 7025 Crore

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker by revenues, on Friday posted more than two-fold jump in its consolidated net profit at Rs 7,025 crore for the October-December quarter from Rs 2,958 crore year ago, helped by robust demand for passenger and commercial vehicles in India, sustained growth in Jaguar Land Rover models, easing raw material costs, price hikes and a …

Mahindra Finance’s Q3 net profit declines 12% to ₹553 crore
10 months, 3 weeks ago

Mahindra Finance’s Q3 net profit declines 12% to ₹553 crore

Live Mint  

Mumbai: Mahindra Finance, a non-banking lender focused on auto finance, on Tuesday reported a 12 per cent decline in standalone net profit to ₹553 crore for the December quarter. On a consolidated basis, the company's net income declined 6 per cent to ₹623 crore from ₹664 crore and the total income rose 23 per cent to ₹4,137 crore. Adjusted for …

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts
10 months, 3 weeks ago

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts

Live Mint  

India's largest carmaker Maruti Suzuki is all set to announce its financial results for the third quarter ended December 31, 2023, on January 31. Analysts from various brokerages anticipate that the company is likely to experience a decline in margins on a sequential basis due to an unfavourable product mix and increased discounts offered during the December quarter. “We expect …

Tech Mahindra profit falls 61% to Rs 510 crore
10 months, 4 weeks ago

Tech Mahindra profit falls 61% to Rs 510 crore

New Indian Express  

BENGALURU: IT major Tech Mahindra on Wednesday reported a 60.6% year-on-year fall in net profit at Rs 510 crore in the December quarter compared to Rs 1,296.6 crore in the year-ago period. Mohit Joshi, MD and CEO, Tech Mahindra, said, “The quarter was a mixed outcome, with growth in the Manufacturing and Healthcare segments but muted spending in areas like …

Kotak Mahindra Bank Q3 results: Net profit rises 6.75% to ₹4,265 cr
11 months ago

Kotak Mahindra Bank Q3 results: Net profit rises 6.75% to ₹4,265 cr

Hindustan Times  

Kotak Mahindra Bank on Saturday reported a 6.75 per cent growth in consolidated net profit to ₹4,264.78 crore in the December quarter. On a standalone basis, the private sector lender's profit after tax rose to ₹3,005.01 crore from ₹2,791.88 crore in the year-ago period, but was lower than the preceding September quarter's ₹3,190.97 crore. Its total income rose to ₹14,096 …

Tech Mahindra Q2 Preview: Expect muted set of numbers; Key factors to look out
1 year, 2 months ago

Tech Mahindra Q2 Preview: Expect muted set of numbers; Key factors to look out

Live Mint  

Tech Mahindra Q2 Preview: Pune-based IT major, Tech Mahindra Ltd, will report its Q2 results on Wednesday, October 25. "While the industry has witnessed an uptick in order inflow over the past two months with a focus on cost efficiency, the slowdown in project-based business is expected to hamper overall industry growth," said brokerage Motilal Oswal Financial Services in its …

Mahindra Logistics Q2 Results: Net loss at ₹15 crore, revenue up 2.9%
1 year, 2 months ago

Mahindra Logistics Q2 Results: Net loss at ₹15 crore, revenue up 2.9%

Live Mint  

Mahindra Logistics on 23 October announced their quarterly results for September of FY 2023-24 and said that the firm attained a loss of ₹15.5 crore against the profit of ₹11.9 crore achieved in the same period in FY 2022-23. Though the revenue was up 2.9 percent at ₹1,364.8 crore in Q2FY24 in comparison to ₹1,326.3 crore in the same period …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Mahindra Q1 results: Net profit rises 98%, revenue jumps 23%
1 year, 4 months ago

Mahindra Q1 results: Net profit rises 98%, revenue jumps 23%

India Today  

Homegrown auto major Mahindra & Mahindra today reported a growth of 98% year-on-year in standalone net profit at Rs 2,774 crore for the quarter ended June 2023 owing to handsome volumes in both auto and farm sectors. Category Q1 FY24 Q1 FY23 Growth Revenue from operations Rs 24,368 cr Rs 19,813 cr 23% Ebitda Rs 3,547 cr Rs 2,422 cr …

Tech Mahindra Q1 Results: Five key takeaways from IT major’s earnings
1 year, 4 months ago

Tech Mahindra Q1 Results: Five key takeaways from IT major’s earnings

Live Mint  

Tech Mahindra's Q1FY24 numbers came weak on expected lines. Here are five key highlights from Tech Mahindra's Q1 results: Subdued key numbers The company said its revenue for Q1FY24 fell 4.1 per cent quarter-on-quarter but rose 3.5 per cent year-on-year to ₹13,159 crore. Tech Mahindra's EBITDA for Q1FY24 came at ₹1,338 crore, down 33.8 per cent QoQ and 28.8 per …

Tech Mahindra Q1 Results: Net profit drops 38% to ₹692.3 cr, revenue up 3.5%
1 year, 4 months ago

Tech Mahindra Q1 Results: Net profit drops 38% to ₹692.3 cr, revenue up 3.5%

Live Mint  

Tech Mahindra Q1 Results: Tech Mahindra announced its April-June quarter results for fiscal 2023-24 on July 26, reporting a decline of 38 per cent in consolidated net profit at ₹692.5 crore, compared to ₹1,131 crore in the year-ago period. The IT major's consolidated revenue from operations during the first quarter of current fiscal stood at ₹13,159 crore, reporting a rise …

Mahindra and Mahindra share price jumps 5% after Q4 numbers; should you buy?
1 year, 6 months ago

Mahindra and Mahindra share price jumps 5% after Q4 numbers; should you buy?

Live Mint  

Mahindra and Mahindra share price rose over 5 per cent in early deals on Monday boosted by the company's healthy March quarter earnings. It also maintained a buy call on the stock with a target price of ₹1,470, slightly raising it from the earlier target price of ₹1,430, building in revenue and core earnings CAGR of 12 per cent and …

Mahindra Group stock declares ₹92 per share dividend, 60% profit growth in Q4
1 year, 7 months ago

Mahindra Group stock declares ₹92 per share dividend, 60% profit growth in Q4

Live Mint  

Swaraj Engines is a small cap Mahindra group company recorded a market cap of ₹2,112.84 Cr during today's closing. “The Board, while approving the annual accounts, has recommended an equity dividend of 920% for the financial year ended 31st March, 2023,” said Swaraj Engines in a stock exchange filing. Owing to the capacity enhancement, Swaraj Engines said in a stock …

Mahindra net profit jumps 14% to Rs 1,528 crore
1 year, 10 months ago

Mahindra net profit jumps 14% to Rs 1,528 crore

Deccan Chronicle  

Pune: Mahindra and Mahindra, the SUV specialist and tractor maker, on Friday reported a 13.5 per cent jump in its standalone net profit at Rs 1,528 crore during the December quarter, up from Rs 1,335 crore in the same quarter of the previous fiscal. The Mumbai-based automaker’s revenue from operations was up 41 per cent at Rs 21,654 crore from …

Mahindra & Mahindra Q3 Results: PAT Rises 14 Per Cent To Rs 1,528 Crore On Robust Sales
1 year, 10 months ago

Mahindra & Mahindra Q3 Results: PAT Rises 14 Per Cent To Rs 1,528 Crore On Robust Sales

ABP News  

Mahindra & Mahindra on Friday logged a 14 per cent rise in its profit after tax to Rs 1,528 crore for the third quarter ended December 2022, driven by robust sales. M&M revenue surged 41 per cent to Rs 21,654 crore for the third quarter compared to Rs 15,349 crore in the year-ago period. Tractor sales rose 14 per cent …

Tata Motors swings into profits after 7 quarters, earns ₹3,043 crore in Q3 22
1 year, 10 months ago

Tata Motors swings into profits after 7 quarters, earns ₹3,043 crore in Q3 22

Hindustan Times  

Tata Motors has posted ₹3,043 as net profit for the quarter ended December 2022. Read here: Tata Motors delivers 50,000th electric car Its revenue went up 22.5 per cent to ₹88,500 crore, the company said, adding that earnings before interest, taxes, depreciation, and amortization was 11.1 per cent whereas its Ebit was 4.4 per cent. The company in a statement …

Tata Motors posts first profit in two years on demand surge; revenue up 23%
1 year, 10 months ago

Tata Motors posts first profit in two years on demand surge; revenue up 23%

Live Mint  

Automotive manufacturer Tata Motors on Wednesday posted its first quarterly profit in two years on rising demand for passenger cars as well as medium and heavy commercial vehicles. The Mumbai-headquartered company reported a consolidated net profit of ₹2,957.71 crore for the third quarter ending December. The auto major's consolidated operating profit, calculated as earnings before interest, taxes, depreciation and amortization …

Kotak Mahindra Bank Q3 profit jumps 31% to ₹2,792 crore
1 year, 11 months ago

Kotak Mahindra Bank Q3 profit jumps 31% to ₹2,792 crore

Hindustan Times  

Private sector Kotak Mahindra Bank on Saturday reported a 31 per cent jump in its standalone profit at ₹2,792 in the quarter ended December 2022 aided by improvement in net interest income. The bank's total income increased to ₹11,099 crore in the latest December quarter from ₹8,260 crore in the year-ago period, the bank said in a regulatory filing. Net …

M&M Q1 profit up 67%, records highest quarterly revenue for farm, auto segments
2 years, 4 months ago

M&M Q1 profit up 67%, records highest quarterly revenue for farm, auto segments

Live Mint  

Mahindra and Mahindra reported Q1 FY23 results on Friday in which its standalone net profit rose more than 67% to ₹1,430 crore as compared to ₹855 crore year-on-year. The tractor manufacturer said that it record highest ever quarterly standalone revenue for Auto and Farm Segments during Q1 at ₹18,995 crore. Farm equipment revenue increased by nearly 26% at ₹6,689 crore …

Stocks to Watch Today: Tech Mahindra, Bajaj Finance, Veranda, and Others
2 years, 7 months ago

Stocks to Watch Today: Tech Mahindra, Bajaj Finance, Veranda, and Others

News 18  

The market is expected to open in the green as trends on the SGX Nifty indicate a positive opening for the broader index in India with a gain of 105 points. Steel Exchange India The company reported a massive 286 per cent year-on-year growth in profit at Rs 112.5 crore driven by tax write-back in the quarter ended March 2022. …

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’
2 years, 8 months ago

Struggling with hard decisions? Anand Mahindra on how to see the ‘big picture’

Live Mint  

It is a widely believed notion that when dealing with making hard decisions in life, taking inspiration from nature might is the way to go. The tech savvy Mahindra took to Twitter on Tuesday to share that it really helps to imagine you’re on top of Everest with an unobstructed view of the world and how doing this helps one …

Anand Mahindra reacts after watching the ‘gentle’ side Ajay Devgn in latest ad
2 years, 9 months ago

Anand Mahindra reacts after watching the ‘gentle’ side Ajay Devgn in latest ad

Live Mint  

Bollywood actor Ajay Devgn after doing dangerous stunts during an ad shoot for Mahindra trucks has done another shoot for Mahindra's Supro minitruck. In the new ad, the Bollywood actor plays a more gentle role and it is this on which the Chairman of Mahindra group Anand Mahindra tweeted,"thanks for endorsing this Father’s support of his daughter on #InternationalWomensDay @ajaydevgn …

Top Stocks to Watch Today: HDFC, Adani Green, Dabur, Tech M, and Others
2 years, 10 months ago

Top Stocks to Watch Today: HDFC, Adani Green, Dabur, Tech M, and Others

News 18  

On Tuesday, the Sensex closed at 58,862.57, 848.40 points higher, while the Nifty50 ended the session at 17,576.85 up. Tech Mahindra The company reported 6.8 per cent rise in December quarter net profit at Rs 1,378.2 crore, with the growth in profits being compressed by supply-side challenges. Adani Ports Adani Ports and Special Economic Zone on Tuesday reported a 6.20 …

Mahindra's overall auto sales at 17,447 units in May 2021
3 years, 6 months ago

Mahindra's overall auto sales at 17,447 units in May 2021

India Today  

Mahindra & Mahindra has reported a rise of 82.5 per cent in overall auto sales to 17,447 units in May 2021. The automaker's domestic PV sales increased 106.98 per cent to 8,004 units in May 2021 from 3,867 units in the same month last year. The domestic CV sales of the automaker jumped 44.13 per cent to 7,508 units in …

Mahindra & Mahindra's domestic PV wholesales jump 4 per cent in January 2021
3 years, 10 months ago

Mahindra & Mahindra's domestic PV wholesales jump 4 per cent in January 2021

India Today  

Mahindra & Mahindra today reported a growth of 4.23 per cent in domestic passenger vehicle wholesales to 20,634 units in January 2021. The domestic commercial vehicle wholesales of Mahindra & Mahindra declined 47.63 per cent to 16,229 units in January 2021 from 30,988 units in the same month last year. The exports of Mahindra & Mahindra increased 29.81 per cent …

Maruti Q3 profit jumps 24%, high costs hit margins
3 years, 10 months ago

Maruti Q3 profit jumps 24%, high costs hit margins

Hindustan Times  

Maruti Suzuki India Ltd reported a 24% increase in quarterly profit, beating analysts’ estimates, aided by strong demand for its vehicles in the festival season. Maruti has benefited as demand for smaller cars rebounded at a sharper-than-expected pace during the festive season and thereafter, leading to one of the lowest levels of unsold vehicles at the company’s dealerships. Net profit …

Maruti Q3 profit up 24% as sales rise; margins dip
3 years, 10 months ago

Maruti Q3 profit up 24% as sales rise; margins dip

Live Mint  

Maruti Suzuki India Ltd reported a 24% increase in quarterly profit, beating analysts’ estimates, aided by strong demand for its vehicles in the festival season. Net profit rose to ₹1,941.4 crore in the three months ended 31 December from ₹1,564.8 crore in the year earlier, the company said in a statement on Thursday. Post-festival demand was better than the management’s …

Mahindra Announces Price Hike of Upto Rs 40,000 on PV and CV Range in India
3 years, 11 months ago

Mahindra Announces Price Hike of Upto Rs 40,000 on PV and CV Range in India

News 18  

Automobile major Mahindra & Mahindra on Friday raised the prices of its range of personal and commercial vehicles by around 1.9 per cent resulting in an increase of Rs 4,500 – Rs 40,000, depending on the model and variant. According to Veejay Nakra, CEO – Automotive Division, M&M: “The price increase was necessitated due to unprecedented increase in commodity prices …

Mahindra Announces Price Hike for Tractor Range in India from January 1, 2021
4 years ago

Mahindra Announces Price Hike for Tractor Range in India from January 1, 2021

News 18  

Mahindra & Mahindra on Monday said that it will increase prices of its tractors across models from January 1 next due to the increase in input costs. “Mahindra & Mahindra’s farm equipment sector today announced that effective January 1, 2021, the company will increase the price of its range of tractors across models. “This has been necessitated due to the …

Mahindra Registers 24 Percent Growth in Passenger Car Business, 3.6 Percent Overall Growth in Nov
4 years ago

Mahindra Registers 24 Percent Growth in Passenger Car Business, 3.6 Percent Overall Growth in Nov

News 18  

Mahindra & Mahindra on Tuesday reported a 3.6 per cent growth in its vehicle sales for November. In the utility vehicles segment, Mahindra sold 17,971 vehicles in November 2020, compared to 14,161 vehicles in November 2019, registering a growth of 27 per cent, said a company statement. The passenger vehicles segment, which includes UVs, cars and vans, sold 18,212 vehicles …

Mahindra Thar, Scorpio, XUV300, XUV500, others: Automaker's domestic PV sales up 24 per cent in November 2020
4 years ago

Mahindra Thar, Scorpio, XUV300, XUV500, others: Automaker's domestic PV sales up 24 per cent in November 2020

India Today  

Mahindra and Mahindra has reported a rise of 24.42 per cent in the domestic PV sales to 18,212 units in November 2020. The domestic CV sales of the automaker slipped 4.56 per cent to 22,883 units in November 2020 from 23,977 units in the year-ago month. The exports of Mahindra and Mahindra plunged 37.58 per cent to 1,636 units in …

Mahindra Reports 14.5 Percent Decline in Overall Sales, Sells 44,359 Units in October
4 years, 1 month ago

Mahindra Reports 14.5 Percent Decline in Overall Sales, Sells 44,359 Units in October

News 18  

Mahindra & Mahindra on Sunday reported a 14.5 per cent fall in its overall sales in October at 44,359 vehicles. The passenger vehicle segment of the company which includes utility vehicles, cars and vans recorded a 1 per cent growth in sales at 18,622 vehicles last month, M&M said in a statement. Its utility vehicle segment, however, witnessed a 3 …

Mahindra Reports Sales Decline by 36 Percent in July; Exports Also Down by 45 Percent
4 years, 4 months ago

Mahindra Reports Sales Decline by 36 Percent in July; Exports Also Down by 45 Percent

News 18  

Mahindra & Mahindra reported a 36 per cent decline in total sales at 25,678 units in July. In the domestic market, sales were down 35 per cent to 24,211 units last month compared to 37,474 units in July 2019. In the passenger vehicles segment, which includes UVs, cars and vans, it sold 11,025 vehicles in July this year, against 16,831 …

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