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Mahindra and Mahindra

Mahindra & Mahindra posts surprise rise in Q2 profit on higher SUV sales

Mahindra, whose car portfolio is made up entirely of SUVs, has benefited the most from consumers' increasing preference for the large, pricey vehicles, which account for over 50% of the country's car sales volumes.

07 November 2024, 08:28 IST

Mahindra & Mahindra posts surprise rise in Q2 profit on higher SUV sales

Mahindra & Mahindra posts surprise rise in Q2 profit on higher SUV sales

Mahindra & Mahindra posts surprise rise in Q2 profit on higher SUV sales

07 November 2024, 08:28 IST

PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata Motors

The two schemes are the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme with an outlay of Rs 10,900 crore over a period of two years, and the PM-eBus Sewa-Payment Security Mechanism (PSM) scheme with a budget of Rs 3,435 crore.

12 September 2024, 10:32 IST

PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata Motors

PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata Motors

PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata Motors

12 September 2024, 10:32 IST

Mahindra & Mahindra posts bigger adjusted profit on strong car, tractor sales

The company's standalone net profit rose to Rs 2,613 crore in the quarter, from the Rs 2,120 crore year-ago profit that was boosted by a gain on the sale of its stake in two units.

31 July 2024, 11:26 IST

Mahindra & Mahindra posts bigger adjusted profit on strong car, tractor sales

Mahindra & Mahindra posts bigger adjusted profit on strong car, tractor sales

Mahindra & Mahindra posts bigger adjusted profit on strong car, tractor sales

31 July 2024, 11:26 IST

Indian carmakers post SUV-led June sales growth amid heat waves

According to monthly data from automakers released on Monday, Mahindra's total car sales grew 11.2% year-on-year, missing brokerage Nomura's 16% estimate and Jefferies' 18% estimate.

01 July 2024, 10:23 IST

Indian carmakers post SUV-led June sales growth amid heat waves

Indian carmakers post SUV-led June sales growth amid heat waves

Indian carmakers post SUV-led June sales growth amid heat waves

01 July 2024, 10:23 IST

Mahindra Q4 net profit rises 4% to Rs 2,754 crore, revenue at Rs 35,452 crore

The company had posted a consolidated PAT of Rs 2,637 crore in the January-March quarter of the 2022-23 fiscal, M&M said in a regulatory filing.

16 May 2024, 11:47 IST

Mahindra Q4 net profit rises 4% to Rs 2,754 crore, revenue at Rs 35,452 crore

Mahindra Q4 net profit rises 4% to Rs 2,754 crore, revenue at Rs 35,452 crore

Mahindra Q4 net profit rises 4% to Rs 2,754 crore, revenue at Rs 35,452 crore

16 May 2024, 11:47 IST

Mahindra & Mahindra Financial discovers funds embezzlement at one branch, delays Q4 results

The company, the non-bank financing arm of tractor-to-tech conglomerate Mahindra Group, said it discovered the fraud in late March and that it has taken some corrective actions, including the arrest of 'few persons' involved.

23 April 2024, 05:45 IST

Mahindra & Mahindra Financial discovers funds embezzlement at one branch, delays Q4 results

Mahindra & Mahindra Financial discovers funds embezzlement at one branch, delays Q4 results

Mahindra & Mahindra Financial discovers funds embezzlement at one branch, delays Q4 results

23 April 2024, 05:45 IST

Mahindra to use Volkswagen electric components, battery cells

The company will be the first external partner to use the unified cell, a new cell technology that Volkswagen plans to use for 80 per cent of its battery cells and promises will reduce costs by half.

16 February 2024, 07:30 IST

Mahindra to use Volkswagen electric components, battery cells

Mahindra to use Volkswagen electric components, battery cells

Mahindra to use Volkswagen electric components, battery cells

16 February 2024, 07:30 IST

Mahindra Group-backed infra investment trust goes public

Infrastructure investment trusts have gained popularity in recent years amid India ramping up its infrastructure spending.

15 January 2024, 11:16 IST

Mahindra Group-backed infra investment trust goes public

Mahindra Group-backed infra investment trust goes public

Mahindra Group-backed infra investment trust goes public

15 January 2024, 11:16 IST

Mahindra & Mahindra gets Rs 4.12 crore tax penalty; company to challenge

M&M said, 'an appeal will be filed and the company is hopeful of a favorable outcome at the appellate level and does not reasonably expect the said order to have any material financial impact on the company.'

29 December 2023, 09:42 IST

Mahindra & Mahindra gets Rs 4.12 crore tax penalty; company to challenge

Mahindra & Mahindra gets Rs 4.12 crore tax penalty; company to challenge

Mahindra & Mahindra gets Rs 4.12 crore tax penalty; company to challenge

29 December 2023, 09:42 IST

Mahindra, external investors to infuse Rs 875 crore in CLPL

CLPL owns brands like Jawa, Yezdi and BSA, and operates in the fast-growing premium motorcycle segment in India.

13 December 2023, 11:31 IST

Mahindra, external investors to infuse Rs 875 crore in CLPL

Mahindra, external investors to infuse Rs 875 crore in CLPL

Mahindra, external investors to infuse Rs 875 crore in CLPL

13 December 2023, 11:31 IST