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Latest news about Mahindra & Mahindra

Mahindra & Mahindra Unveils Ambitious FY26 Growth Strategy Amid Strong Q1 Performance 4 hours ago Yesterday

Mahindra & Mahindra announced a comprehensive growth strategy through FY26, building on its strong market performance. Q1 results show significant gains in SUV and tractor market shares, with SUV revenue share reaching 27.30% and tractor market share expanding to 45.20%. The company leads in EV revenue market share for E-SUV and E-PV categories. Consolidated revenue increased by 22% to Rs 45,529 crore, while PAT grew 24% to Rs 4,083 crore. Auto and Farm segments saw margin improvements, with Auto PBIT margin at 10.00% and Farm PBIT margin at 19.80%. The strategy also focuses on diversified growth across Tech Mahindra, Mahindra Finance, and other promising sectors.

Mahindra & Mahindra Reports Strong Q1 Results, Reaffirms SUV Growth Outlook 6 hours ago Yesterday

Mahindra & Mahindra Reports Robust 24% Surge in Q1 FY26 Profit, Driven by Strong Auto and Farm Sectors 9 hours ago Yesterday

Mahindra & Mahindra Reports Strong Q1 Results; Lead Independent Director T.N. Manoharan Passes Away 11 hours ago Yesterday

Mahindra & Mahindra Prepones Q1FY26 Results Announcement, Updates on SML Isuzu Acquisition 12 hours ago Yesterday

More news about Mahindra & Mahindra

29Jul 25

Mahindra & Mahindra Amends Agreements in SML Isuzu Acquisition Deal

Mahindra & Mahindra (M&M) has executed amendment agreements with Sumitomo Corporation and Isuzu Motors Limited for acquiring a 58.96% stake in SML Isuzu. M&M will acquire 63,62,306 shares (43.96%) from Sumitomo and 21,70,747 shares (15%) from Isuzu. An open offer to public shareholders for 26% stake at Rs. 1,554.60 per share is also planned. Key amendments include appointing M&M's nominee as a key managerial personnel, modifying parts supply agreement, and addressing name change resolutions. The Competition Commission of India has approved the acquisition and open offer.

29Jul 25

Mahindra & Mahindra Strengthens Control Over SML Isuzu Through Strategic Amendments

Mahindra & Mahindra (M&M) has executed amendment agreements with Sumitomo Corporation and Isuzu Motors Limited to reinforce its control over SML Isuzu. Key changes include appointing M&M's nominee as a key managerial personnel in SML Isuzu, modifying supply chain arrangements, and updating procedures for SML Isuzu's name change. These amendments are part of M&M's larger acquisition plan to purchase a significant stake in SML Isuzu from Sumitomo Corporation (43.96%) and Isuzu Motors Limited (15.00%), along with an open offer to public shareholders. The Competition Commission of India has approved the proposed acquisition and open offer.

28Jul 25

Kotak Mahindra Bank's Weak Q1 Results Drag Indian Markets Lower

Indian benchmark equity indices fell for the third consecutive session. NSE Nifty 50 dropped 156.10 points (0.63%) to 24,680.90, while BSE Sensex fell 572.07 points (0.70%) to 80,891.02. Kotak Mahindra Bank's weak Q1 results significantly impacted the market. The bank reported a 2.28% decrease in net profit and a 3.99% decline in operating profit. 33 out of 50 Nifty stocks declined, with the blue-chip pack losing nearly ₹15,500 crore in market capitalization. The downturn affected most sectors, with Nifty Realty and Nifty Defence experiencing the steepest declines. The broader market also weakened, with BSE MidCap and SmallCap indices falling 0.70% and 1.30% respectively.

28Jul 25

Kotak Mahindra Bank Shares Tumble 6% on Margin Pressure and Mixed Loan Growth

Kotak Mahindra Bank shares fell 6% following Q4 FY2025 results. Net Interest Margin declined over 30 basis points year-over-year, exceeding analyst expectations. Loan growth was 14%, driven by corporate banking, while credit card and personal loan segments showed weakness. Despite challenges, revenue increased 25.19% to ₹32,121.20 crore, and net profit rose 21.85% to ₹2,437.10 crore year-over-year. Analysts have mixed views, with ratings split among Buy, Hold, and Sell. The stock traded at ₹1,990.30, down 13% from its 52-week high.

28Jul 25

Kotak Mahindra Bank Reports 47% Drop in Q4 Net Profit Despite Revenue Growth

Kotak Mahindra Bank's Q4 results show a 47% year-over-year decline in net profit to ₹3,281.00 crore, despite a 9% increase in revenue to ₹13,860.00 crore. The bank's asset quality deteriorated slightly, with Gross Non-Performing Assets rising to 1.48% from 1.42% quarter-over-quarter. Operating profit margin decreased to 12.64% from 14.36% in the previous quarter. Total expenses increased by 4.72% compared to the previous quarter, contributing to the pressure on profitability.

27Jul 25

Mahindra Holidays & Resorts India Reports 18% Profit Growth, Plans Expansion

Mahindra Holidays & Resorts India Limited (MHRIL) reported an 18% increase in consolidated profit to ₹7.20 crore and an 8% rise in total income to ₹740.20 crore. The company plans to add 1,000 rooms by March 2026 and reach 10,000 keys by FY30, expanding from its current 126 resorts with 5,794 keys. MHRIL added 3,000 new members in the quarter and aims to maintain this growth. While Indian operations performed well, international operations face challenges due to the Finnish economy and geopolitical uncertainties.

26Jul 25

Kotak Mahindra Bank Reports 57.5% Drop in Net Profit as MFI Stress Peaks

Kotak Mahindra Bank's standalone net profit for the June quarter declined 57.5% year-on-year to ₹3,281.70 crore, falling short of market expectations. The bank saw a surge in provisions to ₹1,207.76 crore from ₹578.48 crore a year ago. Gross non-performing assets ratio increased to 1.48%. Despite challenges, deposit growth was strong at 15% year-over-year with a CASA ratio of 40.9%. Management expects credit costs to ease from the second quarter.

25Jul 25

Kotak Mahindra Bank Expected to Report 26% Decline in Net Profit for Q1

Kotak Mahindra Bank is preparing to release its quarterly financial results. Analysts from five brokerages expect a 26% year-on-year decrease in net profit. Projections include 7% growth in net interest income, 12-13% expansion in loan book, and stable slippages with declining provisions. The bank's trading window is closed as per regulations. In the previous quarter, the bank reported a 14% YoY decline in standalone net profit to ₹3,552.00 crore, while net interest income grew by 5% to ₹7,284.00 crore. The stock has shown mixed performance, with a 13% gain over the last 6 months and an 18.88% increase year-to-date.

24Jul 25

Mahindra Group Ready to Face Global Competition, Including Tesla's Entry into India

Mahindra & Mahindra Group CEO Anish Shah expressed confidence in the company's ability to compete globally, including against potential entrants like Tesla in India. Speaking from the UK, Shah highlighted Mahindra's strong product portfolio and discussed the India-UK Comprehensive Economic and Trade Agreement. The agreement is expected to create export opportunities, establish an innovation framework, and include gradual duty reductions. Shah believes it will position India more favorably globally and benefit various sectors including automobiles, IT services, and hospitality.

24Jul 25

Mahindra Group Eyes Growth Opportunities from India-UK Free Trade Agreement

Mahindra & Mahindra anticipates significant benefits from the recently signed India-UK Free Trade Agreement across its automotive, IT services, and hospitality sectors. CEO Anish Shah expects the agreement to facilitate exports, encourage innovation, and improve Indian businesses' global market position. The company plans to evaluate opportunities in automobiles, IT services, and hospitality, with potential for expansion into other sectors. This optimism follows strong financial performance, with a 20% increase in Profit After Tax and 23% increase in Operating Profit. Mahindra Group's future growth strategy focuses on electric vehicles, farm equipment, and financial services.

24Jul 25

Kotak Mahindra Bank Unveils Exclusive Solitaire Credit Card for Affluent Customers

Mahindra & Mahindra introduces the Solitaire Credit Card, an invite-only offering for high-value customers. The card features high credit limits, unlimited lounge access, generous rewards including 10% Airmiles on travel and 3% on other spends, zero forex markup, and fuel surcharge waivers. It's part of the broader Solitaire banking program, which offers pre-approved credit up to ₹8 crore, family-first banking, and personalized service. Membership is based on a customer's total relationship value across various financial products.

24Jul 25

Mahindra Holidays Reports 69% Jump in Q1 Net Profit, Targets 10,000 Rooms by FY30

Mahindra Holidays & Resorts India Limited (MHRIL) reported a 69% year-on-year increase in standalone net profit for Q1, reaching Rs 76.00 crore. Revenue from operations grew by 5% to Rs 369.00 crore, while EBITDA rose by 42% to Rs 161.00 crore. The company maintained high resort occupancy rates of 85%+ and saw improvements in European operations. MHRIL announced plans to expand its room inventory to 10,000 by FY30. The stock has gained 12% over the past six months, outperforming the BSE Sensex.

22Jul 25

Mahindra & Mahindra Financial Services Reports 3.2% Rise in Q1 Net Profit, 18% Income Growth

Mahindra & Mahindra Financial Services posted a standalone net profit of Rs 530.00 crore for Q1, up 3.2% from Rs 513.00 crore in the same period last year. The company's income grew by 18% year-on-year. An Analyst Meet for Q1F26 is scheduled for July 31, 2025.

22Jul 25

M&M Faces Setback as Finance Minister Confirms No GST Rate Cut for Farm Equipment

The Finance Minister has confirmed that there will be no reduction in GST rates for farm equipment, affecting Mahindra & Mahindra (M&M) and the broader agricultural equipment industry. This decision maintains the current tax structure, potentially leading to pricing pressures and sales impacts for M&M and other manufacturers. The agricultural sector, hoping for tax relief to reduce input costs, will need to continue operating under existing tax rates. M&M and other companies in the industry may need to reassess their market strategies and focus on innovation and efficiency to maintain competitiveness.

17Jul 25

Mahindra & Mahindra to Invest Up to Rs 749.3 Crore in Mahindra Logistics Through Rights Issue

Mahindra & Mahindra (M&M) plans to invest up to Rs 749.3 crore in its logistics subsidiary, Mahindra Logistics Limited (MLL), through a rights issue. The issue offers equity shares at Rs 277 per share. M&M commits to subscribe to its full rights entitlement and any unsubscribed portion, ensuring full subscription. The investment, approved by M&M's Board, aims to strengthen MLL's position in the logistics sector.

16Jul 25

M&M in Talks to Reduce GST on Tractors and Farm Equipment

Mahindra & Mahindra is in talks to reduce the Goods and Services Tax (GST) on tractors and farm equipment from 12% to 5%. This move could make farm equipment more affordable, potentially boosting agricultural mechanization and benefiting small farmers. For M&M, it could lead to increased sales and market share. The proposed reduction could have industry-wide effects, including competitive pricing adjustments and overall sector growth.

14Jul 25

Mahindra & Mahindra Shares: Major Block Trade Worth ₹87.38 Crore Executed on NSE

A significant block trade of Mahindra & Mahindra Ltd. shares occurred on the National Stock Exchange. The transaction involved 282,407 shares, valued at ₹87.38 crore, with each share priced at ₹3,094.10. This large-scale trade indicates continued interest in the company's stock among institutional investors and major traders.

07Jul 25

Mahindra & Mahindra Reports 14% Sales Growth in June, Production Up 20%

Mahindra & Mahindra has shown significant growth across various metrics. Production increased by 20% to 83,435 units, while total vehicle sales rose by 14% to 76,335 units. Exports grew marginally by 1%. The company's Q1 financial results were also impressive, with net profit increasing by 19.60% to ₹2,437.00 crore and revenue growing by 24.50% to ₹31,353.00 crore. EBITDA saw a substantial rise of 39.00% to ₹4,683.00 crore, with the EBITDA margin expanding to 14.90%. Notably, Thar+Thar Roxx sales nearly doubled to 9,542 units, while Scorpio sales slightly increased to 12,740 units.

03Jul 25

Mahindra Finance Reports Muted Q1 Performance with Asset Quality Concerns

Mahindra & Mahindra Financial Services Ltd reported muted Q1 performance according to Morgan Stanley analysis. Disbursements fell 18% QoQ, below market estimates. Gross Stage 3 ratio increased to 3.8-3.9%, indicating potential rise in non-performing assets. Collection efficiency dropped to 95%. Despite challenges, the company showed YoY growth in revenue (25.19%), net profit (21.85%), EBITDA (29.56%), and EPS (19.41%). Morgan Stanley maintained an 'equal-weight' rating, projecting 2.0% ROA for FY2026 and FY2027.

01Jul 25

Mahindra & Mahindra Reports 14% Surge in June Vehicle Sales, Driven by Strong SUV Demand

Mahindra & Mahindra exceeded market expectations with impressive June sales figures. The automotive division sold 78,969 units, a 14% year-over-year increase, with SUV sales growing 18% to 47,306 units. The tractor division sold 53,392 units, showing a 12.80% year-over-year growth and surpassing market estimates of 50,050 units. This performance indicates robust demand in both automotive and agricultural sectors.

01Jul 25

Mahindra Plans IPO for Electric Vehicle Arm, Eyes FY28-30 Listing

Mahindra & Mahindra aims to list its EV subsidiary, Mahindra Electric Automobile Ltd (MEAL), between FY2028 and FY2030. The company is investing Rs 12,000 crore over three years to expand its EV portfolio. Strategic investors BII and Temasek have invested Rs 3,050 crore in MEAL through CCPS, valuing it between Rs 40,393 crore and Rs 80,536 crore. These investors have exit rights by 2030, aligning with the proposed IPO timeline.

26Jun 25

Mahindra & Mahindra Streamlines Defence Operations Under Mahindra Advanced Technologies

Mahindra & Mahindra announces plans to consolidate its defence operations under Mahindra Advanced Technologies Ltd. (MATL). The consolidation involves MATL acquiring stakes in Mahindra Emirates Vehicle Armouring, Mahindra Telephonics Integrated Systems, and Mahindra Defence Systems Ltd. The process is expected to be completed by September 2025, aiming to streamline operations and enhance competitiveness in the defence sector.

25Jun 25

Mahindra & Mahindra Restructures Defence Businesses Through Internal Share Transfers

Mahindra & Mahindra is restructuring its defence businesses through internal share transfers among wholly owned subsidiaries. Mahindra Defence Systems (MDSL) is selling stakes in two defence units and an 88% stake in Mahindra Emirates Vehicle Armouring FZ LLC to Mahindra Advanced Technologies (MATL). M&M will also transfer its stake in MDSL to MATL. The restructuring is expected to be completed by September 23, 2023. This move aims to streamline operations and consolidate defence-related assets under one entity.

09Jun 25

M&M Boosts Stake in Mahindra Finance to 52.49% Through Rights Issue

Mahindra & Mahindra (M&M) invested ₹1,652.00 crore in Mahindra & Mahindra Financial Services Ltd (MMFSL)'s rights issue, acquiring 8.52 crore shares at ₹194.00 per share. This increased M&M's stake in MMFSL from 52.16% to 52.49%, with total shareholding rising to 72.96 crore shares. MMFSL's rights issue committee approved the allotment of 15.44 crore shares to eligible shareholders on June 9.

02Jun 25

Mahindra & Mahindra Reports 17% YoY Increase in May Vehicle Sales

Mahindra & Mahindra (M&M) reported total vehicle sales of 84,110 units for May, marking a 17% year-on-year increase. Utility vehicle sales rose by 21% to 52,431 units. Tractor sales, including exports, reached 40,643 units. The company expressed optimism about future growth, citing early monsoon arrival and MSP hikes for kharif crops as potential drivers for rural demand.

01Jun 25

Mahindra & Mahindra Reports 17% Growth in May Vehicle Sales, Driven by Strong Utility Vehicle Demand

Mahindra & Mahindra announced total sales of 84,110 units in May, a 17% year-on-year increase. Utility vehicle sales in the domestic market surged by 21% to 52,431 units. The company's tractor segment also performed well, with domestic sales of 38,914 units and total tractor sales (including exports) of 40,643 units.

09May 25

Mahindra & Mahindra's Q4 Success Drives Ambitious Growth Plans

Mahindra & Mahindra (M&M) reported robust Q4 FY24-25 results with revenue up 21.05% to ₹43,726.80 crore, operating profit up 21.02% to ₹7,897.30 crore, and net profit up 13.34% to ₹3,541.90 crore. The company gained significant market share in the SUV segment, reaching 22.5%. M&M plans to increase production capacity to 85,000 units per month by FY27 and launch 17 new models, including 5 BEVs, by 2030. Analysts maintain 'buy' ratings with 15-17% upside potential.

08May 25

Mahindra & Mahindra Sees Significant Block Trade on NSE

A significant block trade of 191,538 Mahindra & Mahindra shares occurred on the National Stock Exchange at Rs. 3,088.10 per share, totaling Rs. 59.15 crore. This pre-arranged transaction highlights continued interest in the company's stock among large investors, though it may not necessarily indicate a shift in overall market sentiment.

07May 25

Mahindra & Mahindra Reports 20% Surge in April Vehicle Production

Mahindra & Mahindra (M&M) announced a significant increase in vehicle production for April 2023, with total output reaching 85,925 units. This represents a 20% year-over-year growth compared to 71,445 units produced in April 2022. The production boost may indicate recovering demand, improved supply chains, or strategic expansion by the company. While this increase is a positive sign for M&M and potentially the broader Indian automotive sector, its full impact will be clearer once sales figures are released.

05May 25

Mahindra & Mahindra Reports Record Profits in FY25, Driven by Strong Auto and Farm Sectors

Mahindra & Mahindra Limited (M&M) reported exceptional financial results for FY25. Consolidated profit after tax increased by 20% to Rs 12,929.00 crore, while revenue grew 14% to Rs 1,59,211.00 crore. The automotive segment led growth with a 19% revenue increase and improved SUV market share. The farm equipment sector showed resilience with a 6% revenue increase and record tractor market share. M&M's services sector, including financial services, also reported steady growth. The company announced a 20% increase in final dividend to Rs 25.30 per share.

05May 25

Mahindra & Mahindra Reports Strong FY25 Results with 20% PAT Growth

Mahindra & Mahindra Limited posted robust financial results for FY25, with consolidated PAT increasing 20% to Rs 12,929.00 crore and revenue rising 14% to Rs 1,59,211.00 crore. The automotive segment saw significant growth, with SUV volumes up 20% and market share reaching 22.50%. The farm equipment sector maintained leadership with a record 43.30% market share in tractors. Financial services and Tech Mahindra also showed strong performance. The company announced a 20% increase in final dividend to Rs 25.30 per share.

05May 25

Mahindra & Mahindra Reports Record Profits Amid Urban Demand Stress

Mahindra & Mahindra (M&M) reported impressive financial results for FY2025, with consolidated profit after tax up 20% to Rs 12,929.00 crore and revenue increasing 14% to Rs 1,59,211.00 crore. Q4 saw a 20% rise in PAT to Rs 3,295.00 crore. The automotive segment's Q4 volumes grew 18%, while the farm equipment division's tractor volumes increased 23%. M&M gained market share in both SUVs and tractors. However, the company noted stress in domestic urban demand. A final dividend of Rs 25.30 per share was announced, up 20% from the previous year.

05May 25

Mahindra & Mahindra Reports Strong FY25 Results with 20% Profit Growth

Mahindra & Mahindra Limited announced strong financial results for FY25, with consolidated profit after tax increasing by 20% to Rs 12,929.00 crore and revenue growing 14% to Rs 1,59,211.00 crore. The company saw significant market share gains in its automotive and farm equipment segments. SUV market share rose to 22.5%, while tractor market share reached 43.3%. The Board recommended a final dividend of Rs 25.30 per share, a 20% increase from the previous year. Management highlighted strong execution and progress in key business areas, including improvements in Tech Mahindra's EBIT margin.

05May 25

Mahindra & Mahindra Reports Record Profits in FY25, Driven by Strong Auto and Farm Sector Performance

Mahindra & Mahindra Limited (M&M) reported exceptional financial results for FY25. Consolidated profit after tax increased by 20% to Rs 12,929.00 crore, while revenue grew 14% to Rs 1,59,211.00 crore. The automotive segment saw a 20% increase in SUV volumes and gained market share. The farm equipment sector achieved a record 43.30% market share. M&M's eSUV received 30,179 bookings on launch day. Subsidiaries also performed well, with MMFSL reporting 17% AUM growth and Tech Mahindra improving EBIT margins. The company announced a 20% increase in final dividend to Rs 25.30 per share.

05May 25

Mahindra & Mahindra Reports Strong Q4 and FY25 Results with 20% Profit Growth

Mahindra & Mahindra Limited announced robust financial results for FY25, with consolidated profit after tax up 20% to Rs 12,929.00 crore and revenue up 14% to Rs 1,59,211.00 crore. Q4 FY25 saw a 20% increase in both PAT and revenue. The automotive segment reported an 18% increase in Q4 volumes, while the farm equipment sector achieved its highest-ever market share of 43.3%. The company's services segment, including Mahindra & Mahindra Financial Services Limited, also showed strong growth. A final dividend of Rs 25.30 per share was recommended, up 20% from the previous year.

05May 25

Mahindra & Mahindra Reports Strong Growth in Q4 and FY25, Achieves Record Profits

Mahindra & Mahindra (M&M) reported robust financial results for FY25. Consolidated profit after tax increased by 20% to Rs 12,929.00 crore, while revenue grew 14% to Rs 1,59,211.00 crore. The automotive sector saw a 210 bps increase in SUV market share to 22.50%, while the farm equipment sector achieved a record 43.30% market share in tractors. The company's financial services arm, MMFSL, reported 17% AUM growth and 33% PAT increase. M&M announced a final dividend of Rs 25.30 per share, up 20% from the previous year.

05May 25

Mahindra & Mahindra Reports Strong Financial Results for FY 2024-25: Revenue and Profit Surge

Mahindra & Mahindra (M&M) reported robust financial results for FY 2024-25. Revenue increased by 14% to ₹1.59 trillion, while profit rose 15% to ₹12,929 crore. The company's SUV sales grew by 20%, outperforming the industry's 2% growth. M&M secured a 23% market share in SUVs and a 33.2% revenue share in passenger electric vehicles. The strong performance was driven by robust demand in the automotive sector, successful product launches, and expansion in the electric vehicle segment.

04May 25

Mahindra & Mahindra Poised for Strong Q4 Performance on Robust SUV Sales

Mahindra & Mahindra is expected to report impressive Q4 financial results. Analysts project a 22% YoY increase in standalone net profit to Rs 2,490.00 crore, and a 20% YoY revenue growth to Rs 30,024.00 crore. EBITDA is anticipated to grow by 30% YoY, with margins expanding by 160 basis points to 14.00%. The company's performance is largely driven by an 18.26% YoY increase in SUV sales. M&M is also making progress in the electric vehicle market, though initial investments may slightly impact margins.

04May 25

Mahindra & Mahindra Sets Date for Q4 and FY25 Results, Dividend Consideration on the Agenda

Mahindra & Mahindra will announce Q4 and FY2025 financial results on May 5, 2025. The Board will consider dividend recommendation on the same day, followed by an earnings call. Trading window for insiders will be closed from April 1 to May 7, 2025.

02May 25

Mahindra & Mahindra Sees Significant Block Trade Amid Strong April Sales

Mahindra & Mahindra (M&M) experienced a block trade of 186,720 shares valued at Rs. 55.23 crores on the NSE. The company reported impressive April 2025 sales figures, with overall auto sales up 19% to 84,170 units and domestic utility vehicle sales increasing 28% to 52,330 units. The farm equipment sector also showed growth, with domestic tractor sales rising 8% to 38,516 units. Management expressed optimism about future performance, citing factors such as strong retail momentum, good crop prices, and favorable weather forecasts.

02May 25

Mahindra & Mahindra Reports Robust Sales Growth in April 2025

Mahindra & Mahindra (M&M) reported impressive sales figures for April 2025. The automotive division sold 84,170 vehicles, a 19% increase year-over-year, with utility vehicles showing a 28% growth. The Farm Equipment Sector sold 40,054 tractors, an 8% increase. Utility vehicle sales reached 52,330 units, while exports surged by 82% to 3,381 units. The company attributes its success to a strong product portfolio, favorable agricultural conditions, and positive market factors.

01May 25

Mahindra & Mahindra Reports Strong Growth in Tractor and Auto Sales for April 2025

Mahindra & Mahindra (M&M) has reported significant sales growth in April 2025. The Farm Equipment Sector saw an 8% increase in domestic tractor sales, reaching 38,516 units. Total tractor sales, including exports, rose to 40,054 units. The Automotive division reported a 19% year-over-year increase in overall auto sales, totaling 84,170 vehicles. Notably, the Utility Vehicles segment grew by 28% in the domestic market. Exports also showed strong performance, with tractor exports up by 25% and auto exports increasing by 82%.

01May 25

Mahindra & Mahindra Reports Robust Sales Growth in April 2025

Mahindra & Mahindra Ltd. (M&M) has reported strong sales figures for April 2025. In the automotive sector, total auto sales reached 84,170 units, a 19% increase year-over-year, with Utility Vehicles showing 28% growth. The Farm Equipment Sector saw domestic tractor sales rise by 8% to 38,516 units, while exports grew by 25%. The company's performance exceeded market expectations, demonstrating significant growth across both automotive and farm equipment divisions.

28Apr 25

Mahindra & Mahindra Set to Acquire Majority Stake in SML Isuzu, Boosting Commercial Vehicle Presence

Mahindra & Mahindra (M&M) plans to acquire a 58.96% stake in SML Isuzu for ₹555.00 crore, purchasing 63.62 lakh shares at ₹650.00 per share from Sumitomo Corporation. This acquisition is expected to double M&M's market share in the commercial vehicle segment to about 6%, diversify its product portfolio, and create operational synergies. The move marks a significant development in India's commercial vehicle sector and reflects the ongoing consolidation trend in the automotive industry.

21Apr 25

Mahindra & Mahindra Announces Major Leadership Reshuffle, Appoints Hemant Sikka as MD & CEO of Mahindra Logistics

Mahindra & Mahindra has announced significant leadership changes across its group companies. Hemant Sikka, current President of the Farm Equipment Sector, will become MD & CEO of Mahindra Logistics Limited. Veejay Nakra, President of the Automotive Division, will take over as President of the Farm Equipment Business. R Velusamy will move from President of Automotive Technology and Product Development to President of the Automotive Business. The changes aim to drive growth and create greater value for customers and shareholders.

14Apr 25

Mahindra & Mahindra's SUV Sales Soar, Driving Stock to New Heights

Mahindra & Mahindra reported exceptional growth in its SUV segment for FY25, with sales reaching a record 551,487 units, a 20% year-over-year increase. Q4 FY25 saw the highest-ever quarterly volumes at 149,129 SUVs dispatched. The company's stock price has surged 953% over the past five years, rising from ₹245.00 to ₹2,580.00 per share. M&M's success is attributed to new electric SUV launches, increased production capacity, and a strategic focus on the SUV market. The company's strong performance in the SUV segment and proactive approach to electric vehicles position it well for future growth in the evolving automotive industry.

11Apr 25

Mahindra Electrifies Market with 3,000 Origin SUV Deliveries Across India

Mahindra & Mahindra has successfully delivered 3,000 units of its all-electric Origin SUVs across India. The company is experiencing strong demand for its electric models, with the XEV 9e accounting for 59% of bookings and the BE 6 for 41%. Mahindra is scaling up nationwide deliveries to meet demand and reduce wait times. This milestone highlights Mahindra's growing presence in the EV segment and its commitment to sustainable mobility.

09Apr 25

Mahindra & Mahindra Accelerates Electric SUV Deliveries, Reaching 3,000 Units Across India

Mahindra & Mahindra has successfully delivered 3,000 all-electric Origin SUVs across India, demonstrating its commitment to sustainable mobility. The XEV 9E model accounts for 59% of bookings, while the BE 6 model makes up 41%. The company is actively expanding nationwide deliveries to reduce wait times and meet growing demand. This milestone indicates increasing consumer acceptance of EVs in India and highlights Mahindra's strong execution in production and delivery logistics.

09Apr 25

Mahindra & Mahindra Achieves Robust Sales Growth in March 2025, EV Segment Shines

Mahindra & Mahindra (M&M) achieved total vehicle sales of 79,751 units in March 2025, a 19.31% year-over-year increase. The company saw significant growth in utility vehicles and electric vehicles. The Electric Origin SUV debuted with 3,014 units sold, while the Treo electric three-wheeler doubled its sales. Exports surged by 163.00% to 4,143 units. M&M increased production to 88,701 units to meet rising demand.

09Apr 25

Mahindra Aerostructures Secures Contract with Airbus for H130 Helicopter Fuselages

Mahindra & Mahindra's subsidiary, Mahindra Aerostructures, has been selected by Airbus to manufacture fuselages for the H130 helicopter. This contract is expected to strengthen M&M's position in the global aerospace manufacturing sector and showcase its capabilities in high-precision aerospace component manufacturing. The partnership aligns with the trend of global aerospace companies collaborating with Indian manufacturers and is anticipated to have a positive long-term impact on Mahindra & Mahindra's aerospace division.

07Apr 25

Mahindra & Mahindra Expands Tech Capabilities with New Subsidiary

Mahindra & Mahindra has incorporated Mahindra Advanced Technologies Limited (MATL) as a wholly owned subsidiary on April 7, 2025. MATL will focus on advanced technologies and security solutions, with M&M investing Rs. 500 crore for 50 million equity shares. The new entity will operate as both an operating and holding company, engaging in design, development, manufacturing, and maintenance of security solutions and advanced technologies.

01Apr 25

Mahindra & Mahindra Reports Record Tractor Sales Amid Leadership Changes

Mahindra & Mahindra achieved its highest ever tractor sales in FY2025, growing 12% year-over-year. March 2025 sales reached 34,934 units, up 34.24% from the previous year. The company also announced the retirement of long-serving Company Secretary Narayan Shankar and the appointment of Divya Mascarenhas as Interim Company Secretary and Compliance Officer, effective April 2, 2025.

01Apr 25

Mahindra & Mahindra Reports Strong Sales Growth and Announces Key Management Change

Mahindra & Mahindra (M&M) reported total sales of 83,890 units in March 2023, a 22.60% year-over-year increase. The company also announced changes in key managerial personnel. Mr. Narayan Shankar will retire as Company Secretary and Compliance Officer on April 1, 2025, after nearly 24 years of service. Ms. Divya Mascarenhas, with over 12 years of experience, will take over as Interim Company Secretary and Compliance Officer from April 2, 2025.

27Mar 25

Mahindra & Mahindra Secures Major Government Contract for Light Vehicles

Mahindra & Mahindra and Force Motors have been awarded a contract worth 25 billion rupees (approximately $300 million) by the Indian government to supply 5,000 light vehicles. This order is expected to boost M&M's production capacity, revenue, and market position in the light vehicle segment. The company recently participated in the Arihant Capital Conference, engaging with investors while maintaining transparency regarding price-sensitive information.

25Mar 25

Mahindra & Mahindra Evaluates Strategic Growth Opportunities Amid Acquisition Rumors

Mahindra & Mahindra (M&M) has issued a statement addressing market speculation about potential acquisitions, particularly rumors regarding SML Isuzu. The company stated it evaluates various strategic opportunities for growth but has no material event to disclose at this stage. M&M emphasized its commitment to regulatory compliance and transparency. Separately, the company reported the exercise of 85,425 stock options by 116 employees on March 24, 2025.

24Mar 25

Mahindra & Mahindra Announces Vehicle Price Increase and Addresses SML Isuzu Acquisition Reports

Mahindra & Mahindra plans to increase prices of its SUVs and Commercial Vehicles by up to 3% starting April 2025. The decision is driven by rising input costs and commodity prices. This price adjustment will affect Mahindra's entire SUV and CV lineup, including popular models like Thar, XUV700, and Scorpio-N. The company also addressed rumors about acquiring a stake in SML Isuzu, stating there's no material event requiring disclosure at present.

21Mar 25

Mahindra & Mahindra to Hike SUV Prices by Up to 3%, Announces Investor Meet

Mahindra & Mahindra plans to increase prices of its SUV and commercial vehicle range by up to 3.00% from April due to rising input costs. The company has also scheduled an analyst and institutional investor meeting on March 27, 2025, at the Arihant Capital Conference in Mumbai. The virtual group meet will take place from 3:00 PM to 4:00 PM IST, with no unpublished price-sensitive information to be shared.

11Mar 25

Mahindra Agri Solutions Sets Ambitious $200 Million Revenue Target for 2030

Mahindra Agri Solutions, a subsidiary of the Mahindra Group, has announced a strategic growth plan targeting $200 million in revenue by 2030. This ambitious goal reflects the company's commitment to expanding its presence in the agricultural solutions sector, aligning with India's evolving farming landscape and the increasing importance of agricultural technology. The long-term vision could potentially have positive implications for the parent company, Mahindra & Mahindra Ltd., as it continues to diversify its operations.

03Mar 25

Mahindra & Mahindra Surpasses Expectations with Strong February Sales Growth

Mahindra & Mahindra reported impressive sales figures for February, exceeding market expectations in both auto and tractor segments. The auto division saw a 14.8% year-over-year growth, selling 83,702 units against an estimated 79,400. Tractor sales increased by 17.8%, reaching 25,527 units compared to the projected 23,800. This performance demonstrates M&M's strong market position and growing consumer demand across both sectors.

02Mar 25

Mahindra & Mahindra Reports Robust Growth in Auto and Tractor Sales for February 2025

Mahindra & Mahindra (M&M) reported impressive sales figures for February 2025. Total auto sales reached 83,702 units, a 15% year-over-year increase, with SUV sales driving growth at 50,420 units domestically, up 19%. The tractor segment also performed well, with domestic sales of 23,880 units, a 19% increase. Exports showed significant growth, with auto exports up 99% and tractor exports up 6%. The company attributes its success to strong SUV demand and favorable agricultural conditions.

21Feb 25

Mahindra & Mahindra Commits to Full Subscription in Rights Issues of MMFSL and MLDL

Mahindra & Mahindra (M&M) has approved full subscription to the rights issues of Mahindra & Mahindra Financial Services Limited (MMFSL) and Mahindra Lifespace Developers Limited (MLDL). MMFSL's rights issue is for up to Rs. 3,000 crore, while MLDL's is for up to Rs. 1,500 crore. M&M will subscribe to its full rights entitlement and any unsubscribed portions in both issues. This move aims to strengthen M&M's position in financial services and real estate sectors, potentially fueling growth and expansion plans for these subsidiaries.

20Feb 25

Mahindra & Mahindra Commits to Full Subscription in Rights Issues of MMFSL and MLDL

Mahindra & Mahindra (M&M) has approved full subscription to the rights issues of its subsidiaries Mahindra & Mahindra Financial Services Limited (MMFSL) and Mahindra Lifespace Developers Limited (MLDL). MMFSL plans to raise up to Rs. 3,000 crore, while MLDL aims to raise up to Rs. 1,500 crore. M&M will subscribe to its full rights entitlement and any unsubscribed portion in both issues. This move demonstrates M&M's commitment to strengthening its financial services and real estate arms.

19Feb 25

Mahindra Group Forges Strategic Partnership with Anduril for Advanced Defense Technologies

Mahindra & Mahindra (M&M) has formed a partnership with Anduril Industries to develop autonomous maritime systems and AI-powered counter-unmanned aerial systems technology. This collaboration aims to enhance India's defense capabilities and aligns with the country's push for self-reliance in defense technology. The partnership could diversify M&M's portfolio, boost innovation in AI and autonomous systems, and strengthen its position in the defense sector.