M&M Reports Robust October Sales, Surpassing Estimates in Auto and Tractor Segments

1 min read     Updated on 03 Nov 2025, 05:57 AM
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Jubin VergheseScanX News Team
Overview

Mahindra & Mahindra (M&M) has reported impressive sales figures for October, exceeding market expectations in both auto and tractor segments. The auto segment saw a 24.30% year-over-year increase with 120,142 units sold, significantly outperforming the market estimate of 96,060 units. The tractor segment also showed strong growth, with sales up 12.50% year-over-year at 73,660 units, surpassing the market estimate of 61,200 units. These robust figures indicate strong demand for M&M's products and suggest potential market share gains or improved consumer sentiment in automotive and agricultural sectors.

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Mahindra & Mahindra (M&M), a leading Indian multinational automotive manufacturing corporation, has reported impressive sales figures for October, exceeding market expectations in both its auto and tractor segments.

Auto Segment Performance

M&M's auto segment demonstrated strong growth in October:

Metric October 2023 October 2022 Year-over-Year Growth Market Estimate
Total Sales (units) 120,142 96,648 24.30% 96,060

The company's auto segment sales surged by 24.30% compared to the same period last year, significantly outperforming market estimates.

Tractor Segment Success

The tractor segment also showed remarkable performance:

Metric October 2023 October 2022 Year-over-Year Growth Market Estimate
Total Sales (units) 73,660 65,453 12.50% 61,200

Tractor sales increased by 12.50% year-over-year, comfortably surpassing market expectations.

Market Implications

The robust sales figures across both segments indicate strong demand for M&M's products. The substantial outperformance against market estimates suggests that the company may be gaining market share or benefiting from improved consumer sentiment in the automotive and agricultural sectors.

For investors and market watchers, these results may provide insights into broader economic trends, particularly in rural areas where tractor sales can be a key indicator of agricultural sector health.

As the festive season in India typically boosts consumer spending, these October sales figures could be seen as a positive sign for M&M's performance in the coming months. However, it's important for stakeholders to monitor how sustainable this growth trend is and whether it translates into improved financial performance for the company in the longer term.

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Amara Raja Energy & Mobility Appoints New Chief Business Officer for Automotive Division

1 min read     Updated on 28 Oct 2025, 01:14 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Amara Raja Energy & Mobility Limited (ARE&M) has appointed Chandrasekar Radhakrishnan as Chief Business Officer - Automotive (Domestic & SAARC), effective October 27, 2025. Radhakrishnan, previously Head of Business Growth - Emerging Mobility at Hero MotoCorp, brings experience in FMCG, Telecom, and EV industries. He will drive ARE&M's business strategy in India and SAARC, strengthen brand positioning, and enable growth through integrated marketing initiatives. This appointment aligns with ARE&M's focus on adapting to industry changes, particularly in electrification and sustainable mobility solutions.

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Amara Raja Energy & Mobility Limited (ARE&M), a leading player in the energy and mobility sectors, has announced a significant addition to its leadership team. The company has appointed Mr. Chandrasekar Radhakrishnan as its new Chief Business Officer - Automotive (Domestic & SAARC), effective October 27, 2025.

Key Appointment Details

Aspect Details
Name Chandrasekar Radhakrishnan
Position Chief Business Officer - Automotive (Domestic & SAARC)
Effective Date October 27, 2025
Previous Role Head of Business Growth - Emerging Mobility at Hero MotoCorp

Professional Background

Mr. Radhakrishnan brings a wealth of experience to his new role at ARE&M. His educational background includes:

  • Bachelor's degree in Computer Engineering from Manipal Institute of Technology
  • Post-graduate degree in Marketing Studies from NMIMS, Mumbai
  • Digital Business Leadership Program from Columbia Business School, New York

His professional experience spans across various sectors, including FMCG, Telecom, and the emerging Electric Vehicle (EV) industry. This diverse background positions him well to drive ARE&M's automotive business strategy in the rapidly evolving energy and mobility landscape.

Role and Responsibilities

In his new position, Mr. Radhakrishnan will be tasked with:

  1. Driving the company's business strategy in India and the SAARC region
  2. Strengthening ARE&M's brand positioning in the automotive sector
  3. Enabling business growth through integrated marketing initiatives

This appointment comes at a crucial time for ARE&M, as the automotive industry undergoes significant transformations, particularly in the areas of electrification and sustainable mobility solutions.

The addition of Mr. Radhakrishnan to the leadership team underscores ARE&M's commitment to strengthening its position in the automotive sector and adapting to the changing dynamics of the industry. His expertise in emerging mobility, gained from his previous role at Hero MotoCorp, is likely to be particularly valuable as ARE&M navigates the transition towards more sustainable automotive technologies.

As the automotive industry continues to evolve, particularly in the realms of electric vehicles and energy storage solutions, ARE&M's strategic appointment signals its intent to remain at the forefront of these changes in the Indian and SAARC markets.

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