Wed, Nov 06, 2024
Mahindra & Mahindra Q2 Preview: Revenue growth expected; profits likely to stay flat
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Mon, Nov 04, 2024
Amid October sales beat, shares of Mahindra and Mahindra saw a sharp upmove even as the benchmarks extended early losses.
Wed, Sep 25, 2024
The Thar ROXX is built with Mahindra’s state-of-the-art 4XPLOR technology, featuring advanced off-road systems, including electronic locking differentials and a low-ratio transfer case for superior traction. Its terrain modes—snow, sand, and mud—make it a formidable companion for off-road adventures. Additionally, it boasts an impressive water-wading capability of up to 650 mm, ensuring readiness for all types of challenges.
Wed, Aug 11, 2021
Mahindra XUV700 is going to debut on August 14 at 4 pm, informed Anand Mahindra, Chairman of Mahindra Group.
Tue, Aug 10, 2021
In its proactive inspection, auto major Mahindra and Mahindra has decided to recall nearly 30,000 vehicles over fluid pipe issue. The company has also announced the replacement of a fluid pipe in some of the Pickup vehicles manufactured between January 2020 - February 2021 for suspicion of improper assembly.
Mon, Aug 09, 2021
Mahindra and Mahindra has launched the new brand logo for its SUV portfolio which will be first seen in the new XUV700.
Fri, Aug 06, 2021
The auto major — Mahindra and Mahindra Ltd on Friday reported a standalone operating PAT (profit after tax) at Rs 934 crores, up 23 times year-on-year in the first quarter of the financial year 2021-22 on Friday, as demand for the Indian automaker`s passenger vehicles and tractors improved.
Mon, Aug 02, 2021
Mahindra & Mahindra Ltd on Monday reported a nearly two-fold jump in passenger vehicle sales at 21,046 units in July.
Mon, May 31, 2021
Snapping its gaining streak, Mahindra and Mahindra on Monday fell by around seven per cent to Rs 790 per share (day’s low) on the BSE intraday during the early trade on the back of weak fourth-quarter results that were released on Friday by the company.
ICICI Securities says that Mahindra & Mahindra’s Q4FY21 result was slightly below consensus estimates as EBITDA margin came in at 14.7% (down 227bps QoQ). Margins were dragged by the automotive segment (EBIT margin: 5%, down 243bps), while FES (Farm Equipment Sector) was resilient (EBIT margin: 22%, down 139bps)
Fri, May 28, 2021
M&M Q4 Consolidated Revenues at Rs 21456 crs up 32%, while Consolidated Q4 PAT before Exceptional items stood at Rs 1834 cr up 170%. Also, FY21 Operating Cash Generated stood at Rs 10022 cr up 119%. Farm Equipment Sector Revenue was up 60% in Q4FY21, with highest ever fourth quarter domestic volumes, PBIT and PBIT margins. Auto Sector Revenue up 43% in Q4FY21, with a strong booking pipeline for its key products; however, supply constraints limit production and sales
Wed, Nov 11, 2020
Mahindra and Mahindra reported healthy Q2 FY21 margins of 17.8% as tractor’s share increased in the overall product mix (its share is at 50% of total volumes vs. 39% in FY20). While tractors continue to benefit from the above normal south-west monsoon, the outlook for SUVs remains impacted by intense competition (Kia Seltos was the key launch in Q2).
Sun, Mar 03, 2019
M&M has earmarked a total outlay of Rs 900 crore for EV vertical. Apart from Rs 450 crore investment in Chakan, the company is also putting in another Rs 350 crore for a new R&D centre in Bengaluru.
Mon, Jan 14, 2019
Mahindra & Mahindra (M&M) Monday said it has unveiled a new variant of its recently launched multi-purpose vehicle Marazzo with an eight-seat option.
Fri, Nov 02, 2018
Homegrown auto major Mahindra and Mahindra (M&M), which Thursday launched a more fuel-efficient variant of its heavy truck Blazo.
Sun, Oct 07, 2018
"The learnings that we had through the collaboration with Mahindra -- benchmarking and discussions with them are also helping or reinforcing the emerging market principles we have," Ford India President and Managing Director Anurag Mehrotra told PTI.
Fri, Sep 14, 2018
Mahindra & Mahindra was the first company in the world to commit to doubling energy productivity by signing on to The Climate Group`s program EP100.
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