Mahindra & Mahindra

Mahindra & Mahindra Ltd on Sunday reported an 18 per cent year-on-year growth in overall automobile sales to 97,177 units in February 2026. Utility vehicle sales in the domestic market last month increased 19 per cent to 60,018 units compared to 50,420 units in the year-ago period, Mahindra & Mahindra Ltd (M&M) said in a statement. Domestic sales for commercial vehicles stood at 24,585 units last month, a growth of 10 per cent, it added. M&M CEO, Automotive Division, Nalinikanth Gollagunta, said the February performance reflected "robust customer demand across the portfolio". Total exports last month rose 11 per cent to 3,384 units against 3,059 units in February 2025. In another statement, M&M said its total tractor sales surged 34 per cent to 34,133 units in February 2026 against 25,527 units a year earlier. Tractor sales in the domestic market jumped 35 per cent to 32,153 units last month against 23,880 units in February 2025, the company said, adding exports ...

HSBC said tractor volume growth over FY26-FY28 is likely to remain under pressure due to a high base and the anticipated impact of El Nino, which could weaken the monsoon

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The stock price of the commercial vehicles company hit a new high of ₹5,110 in Tuesday's intra-day trade, zooming nearly 400% from its 52-week low of ₹1,030.90 touched on February 28, 2025.

Mahindra & Mahindra expects improved competitiveness in the US as tariffs drop to 18 per cent, plans to supply inventory from bonded warehouses

M&M posts steady Q3FY26 results with robust auto and tractor growth; EV push and commodity costs seen as key factors shaping margins ahead

Automaker to invest ₹196 crore in expanding Mahindra Research Valley in Chennai, adding advanced R&D and testing facilities and creating 2,000 jobs this year

Mahindra & Mahindra on Thursday said it will invest around Rs 196 crore to expand its Chennai-based research and development facility. The Mumbai-based auto major said it is committing the investment which is aimed at augmenting Mahindra Research Valley's (MRV) capabilities to support advanced vehicle design, product engineering and future technology developments. "This marks a significant step in its allegiance towards enhancing R&D and focusing on Make In India. The commitment of fresh investments at the facility will strengthen the company's engineering and testing capabilities in the region and it will reinforce Chennai's role as a strategic hub for research and innovation," the automaker said in a statement. The facility will be up and running within this calendar year, it added. The Advanced Research & Development Centre and new testing infrastructure are expected to provide enhanced capabilities for next-generation platforms across multiple vehicle segments, it ...

Sensex Today | Stock Market Close Highlights, Feb 12: In the broader market, the Nifty MidCap and the Nifty SmallCap indices settled 0.47 and 0.64 per cent lower, respectively.

The selling pressure on the counter came after brokerages remained cautiously optimistic on M&M post its Q3FY26 numbers released on Tuesday, during market hours

Mahindra & Mahindra reports 47 per cent rise in Q3FY26 net profit to Rs 4,675 crore on record revenue; gains market share in SUVs and LCVs, tractor share steady

Mahindra & Mahindra Ltd on Wednesday reported a 38.54 jump in consolidated profit after tax at Rs 5,021.47 crore for the third quarter ended December 31, 2025 propelled mainly by strong performance of the auto and farm sector. The company had posted a profit after tax (PAT) of Rs 3,624.48 crore a year ago, Mahindra & Mahindra Ltd (M&M) said in a regulatory filing. Consolidated revenue from operations in the third quarter stood at Rs 51,579.95 crore as compared to Rs 41,464.98 crore in the year-ago period, it added. This is the first time M&M has crossed Rs 50,000 crore revenue on a consolidated basis. Total expenses in the quarter under review were higher at Rs 41,464.98 crore as compared to Rs 37,096.65 crore in the same period a year ago, the company said. In the quarter the group incurred an exceptional outgo of Rs 292.94 crore on account of the new Labour Codes, the filing said. Auto segment posted quarterly volume of 3.02 lakh units, up 23 per cent from the same ..

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Nomura said the combination of lower duties and a weaker Indian rupee increases global competitiveness for auto suppliers such as Bharat Forge, Sansera, Sonacoms, Belrise Industries, and Motherson

Mahindra Group on Friday said it will invest Rs 15,000 crore in Maharashtra over the next ten years, which includes setting up an automobile and tractor manufacturing facility in Nagpur. In addition, Mahindra will acquire land in the Igatpuri-Nashik region to expand current product and engine capacities, as well as to support the growth of its Advanced Technology business, the statement said. The Nagpur facility, which will be the group's largest integrated manufacturing facility for automobiles and tractors, will start production in 2028, the group said in a statement. "With these initiatives, Mahindra is committing a comprehensive investment of Rs 15,000 crore over a ten-year period in Maharashtra and will acquire over 2,000 acres across three locations to further strengthen its manufacturing footprint," it added. Once fully operational, the facility will have an annual production capacity of over 5 lakh vehicles and 1 lakh tractors, making it Mahindra's largest integrated ...

Mahindra & Mahindra Ltd (M&M) on Wednesday said it has secured an order to supply 35,000 units of its light commercial vehicle Scorpio Pik Up to Indonesian state-owned firm Agrinas Pangan Nusantara. The vehicles will be supplied in 2026 as part of a cooperative project in the South-east Asian country. These pick-up vehicles for the Koperasi Desa/Kelurahan Merah Putih (KDKMP) project will play a crucial role in enhancing logistics for Koperasi (cooperatives) being set up across the country. It also said that the latest vehicle order surpasses the company's total export volumes achieved in FY25. Under the partnership, Mahindra and Agrinas Pangan Nusantara will work together to equip Koperasi with these vehicles to ensure effective and seamless flow of fresh supplies from farmers directly to the marketplace, thereby bridging the gap between producer and consumer. This collaboration aims to enhance rural logistics and enable villages to become independent centres of economic ...

The stock price of Maruti Suzuki India was quoting lower for the seventh straight trading session, falling 12 per cent during the same period.

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 .

Lean inventory levels at the end of calendar year 2025 indicate better demand-supply alignment and set the stage for continuous momentum into the coming quarters, according to Motilal Oswal

Jan 1 (Reuters) - India's top two carmakers, Maruti Suzuki and Mahindra & Mahindra, reported a strong rise in December ‍sales to dealers, ​company data showed on Thursday, with tax cuts from earlier in the year fuelling demand into the final month of 2025.