Mahindra Launches ‘NU IQ’ Global SUV Platform, Targets Mainstream Disruption
The new platform builds on Mahindra’s disciplined focus on what it calls the core SUV recipe.
The new platform builds on Mahindra’s disciplined focus on what it calls the core SUV recipe.
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...