Mahindra Doubles SUV Market Share, Sets Sights on Global Vision 2027
Mahindra’s revenue market share in SUVs rose from 13.2% in FY21 to 27.3% in the latest quarter, driven by a string of ...
Mahindra’s revenue market share in SUVs rose from 13.2% in FY21 to 27.3% in the latest quarter, driven by a string of ...
The report highlights that EVs in India now cover 40% more monthly distance than internal combustion engine (ICE) vehi...
The company’s lead acid batteries and allied products segment generated ₹3,279.8 crore in revenue, up 4.5% YoY, while ...
The company also posted its highest quarterly EBITDA of ₹970 crore, a 6.5% increase from ₹911 crore a year earlier.
The company said it achieved double-digit volume growth of 11% during the quarter, over three times the industry growt...
The company said the growth was supported by strong execution in its urban digital twin projects and rising demand for...
On a standalone basis, its net profit more than doubled, rising 111% to ₹355.24 crore in Q1FY26 from ₹167.95 crore in ...
Management attributed the Q1 performance to project delays but expects revenue improvement from the second quarter.
The company’s strategic scale-up in FY25 came with a predictable trade-off, as the 23 newly added outlets still in the...
Company management noted that traction from last year’s products and entry into the tractor segment had begun deliveri...