Mahindra

Diversification aligns with urbanisation, infra expansion, long-term capital deployment

More than half of M&M's premium SUV, EV customers are first-time Mahindra buyers

Mahindra & Mahindra expects sales momentum to continue this year on the back of new product actions and a differentiated SUV portfolio created over the past four years, a top company executive said on Tuesday. Last year, the Mumbai-based auto major leapfrogged to second position in passenger vehicle sales, ahead of Tata Motors Passenger Vehicles and Hyundai Motor India Ltd. In an interaction with PTI, Mahindra & Mahindra Executive Director and CEO (Auto & Farm Sectors) Rajesh Jejurikar said the company's success in 2025 was driven by differentiated products like Thar Roxx and 3XO. He noted that the newly introduced XUV 7XO and the electric model XEV 9S are going to help the company continue on the growth path. "Last year, we also introduced new versions of Bolero and Bolero Neo. So, we believe that we have enough at play to keep our momentum going because the customers are looking for newness and every year, we are able to create one or two things (products), which really .

Mahindra & Mahindra Ltd on Thursday reported a 25 per cent year-on-year growth in automobile sales at 86,090 units, including exports, in December 2025. Domestic passenger vehicle sales were up 23 per cent at 50,946 units in December 2025, as compared to 41,424 units in the same month of 2024, Mahindra & Mahindra (M&M) said in a regulatory filing. Sales of commercial vehicles in the domestic market stood at 24,786, a growth of 34 per cent year-on-year, it added. "The calendar year 2025 ended on a positive note, with Mahindra clocking its highest-ever volumes in both SUVs and LCVs (over 3.5T) segments, a significant milestone for the company," M&M CEO, Automotive Division, Nalinikanth Gollagunta said. In the farm equipment business, M&M said its total tractor sales during December 2025 were at 31,859 units, as against 22,943 units for the same period in 2024. Domestic tractor sales were at 30,210 units last month, as against 22,019 units in December 2024, reflecting

Chairman Anand Mahindra says artificial intelligence, skills and education reforms will reshape work, talent flows and growth, as the Group sharpens its technology-focused strategy

Mahindra plans to deploy 1,000 ultra-fast highway chargers by 2027 across 250 major corridors, complementing its growing INGLO-based electric SUV lineup and rising EV production capacity

Mahindra & Mahindra plans to stick to its strategy of offering premium and differentiated vehicles, comprising internal combustion engine-powered SUVs and electric vehicles, in order to further strengthen its presence in the domestic passenger vehicle segment, according to a top company executive. The Mumbai-based auto major has no immediate plans to introduce CNG and other alternate fuel technologies in its product range as it wants to stick to its core brand identity and cater to a customer base which seeks differentiated products. "Our focus has been ICE and electric, and we are fairly growing in these areas. In our personal vehicle portfolio, the customers want to have differentiated products; they do not want to be in the mass market," Mahindra & Mahindra President - Automotive Business R Velusamy told PTI in an interaction. He noted that the company remains firmly focussed on the SUV segments with plans to drive in multiple models over the next four years. The automaker,

Draft CAFE norms distort level playing field, they added

BENGALURU (Reuters) -Indian automaker Mahindra & Mahindra launched a seven-seater electric SUV XEV 9S on Thursday with a starting price of around 2 million rupees ($22,409.97), pushing into a segment dominated by Tata Motors Passenger Vehicles.

Mahindra Holidays & Resorts India Ltd expects to open the first property under its luxury leisure hospitality brand 'Mahindra Signature Resorts' in the later part of FY27, according to its Managing Director & CEO Manoj Bhat. The company, which last week announced plans to enter the luxury leisure hospitality segment, has earmarked an investment of Rs 1,000 crore for the same. With its foray into the leisure hospitality segment, Mahindra Holidays & Resorts India Ltd (MHRIL) has increased its total number of targeted rooms to 12,000 by FY30, across the new and existing vacation ownership businesses, from the previously announced 10,000 keys. "The first location will be at Theog in Himachal Pradesh, and then we are looking at two to three priority regions. One is north India...then we are looking at one or two destinations in the south and a couple of destinations in Maharashtra right now," Bhat told PTI. He was responding to a query on the expansion plans for Mahindra ...

Mahindra Holidays and Resorts India will invest ₹1,000 crore to set up Mahindra Hotels and Residences India and launch its new luxury brand, Mahindra Signature Resorts

Mahindra Group on Saturday named its seven-seater electric SUV as XEV 9S. Built on Mahindra's advanced purpose-built INGLO platform, the latest electric SUV from the home-grown automobile major is set for world premier at the 'Scream Electric' event in Bengaluru on November 27, which also will mark one year of Mahindra's all-electric journey and its growing INGLO portfolio, the company said. "Mahindra has officially unveiled the name of its next all-electric SUV-XEV 9S designed to bring together power, presence, and pure electric performance, the XEV 9S marks a new chapter in Mahindra's all-electric evolution," it said in a statement.

Realty firm Mahindra Lifespace Developers Ltd has reported a consolidated net profit of Rs 47.91 crore for the second quarter of this fiscal year. The company had posted a net loss of Rs 14.01 crore in the year-ago period. Total income rose to Rs 33.06 crore during July-September period of 2025-26 fiscal from Rs 15.96 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday. Mahindra Lifespace Developers Ltd's development footprint spans 53.30 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 acres of ongoing and forthcoming projects under development/management at its integrated developments/industrial clusters across four locations. The company is the real estate arm of the large business conglomerate Mahindra Group.

Mahindra & Mahindra Ltd on Saturday reported a 26 per cent growth in its overall auto sales at 1,20,142 units in October this year. Domestic passenger vehicle sales grew by 31 per cent to 71,624 units in October as compared to 54,504 units in the same month last year, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Commercial vehicle sales in the domestic market stood at 31,741 units, registering a growth of 14 per cent, it added. "In October, we achieved SUV sales of 71,624 units, a growth of 31 per cent, which is the highest SUV sales we have clocked ever in a month," M&M CEO, Automotive Division, Nalinikanth Gollagunta said. On the farm equipment business front, M&M said total tractor sales in October were at 73,660 units, as against 65,453 units for the same period last year, up 13 per cent. Domestic tractor sales were at 72,071 units, as against 64,326 units in October 2024, up 12 per cent, it added. Exports for the month stood at 1,589 units, ...

Mahindra & Mahindra denied reports of a possible demerger, stating that it has no plans to separate its auto and tractor divisions

Boosted by GST 2.0 cuts and festive demand, Mahindra overtook Hyundai in September PV wholesale, however, Hyundai's Creta set a new record with 18,861 units, its best-ever monthly sales

Transport minister Nitin Gadkari, however, on Wednesday said that concerns about E20 are being fuelled by the petroleum lobby

The GST on small cars was reduced to 18% from 28%, owing to which the prices of vehicles have dropped significantly, thereby dragging the sales

(Reuters) -India's Mahindra & Mahindra reported its first sales decline over three years in August as the Scorpio SUV maker said it moderated dispatches to dealers as it awaits a government decision on lower consumption tax.

Airbus has awarded a contract to Mahindra Aerostructures to manufacture the main fuselage of the H125 helicopters as the aerospace major boosts its Make In India efforts. The latest development comes less than five months after the company awarded the contract to Mahindra Aerostructures Pvt Ltd (MASPL) for manufacturing the main fuselage for H130 helicopters in April. "The production contracts for the H125 and H130 aerostructures to MASPL firmly integrate India into Airbus Helicopters' global value chain, strengthening the country's 'Make in India' initiative," Airbus said in a release on Thursday. Airbus Helicopters has awarded MASPL, as an additional source, the contract to manufacture the main fuselage of the H125 helicopters and the industrialisation will begin immediately at the MASPL facility in Bengaluru, with the first fuselage delivery targeted for 2027, the release said. Financial details were not disclosed. The H125 is one of the world's best-selling single-engine ...