Mahindra

Mahindra and Swaraj hike tractor prices amid rising input costs

Mahindra and Swaraj Tractors raise prices across domestic range citing commodity cost pressures, with hikes varying by model and region

Mahindra & Mahindra tractor sales rise 20% to 45,035 units in March

Mahindra & Mahindra Ltd on Wednesday reported a 29 per cent year-on-year growth in total tractor sales, including exports, at 45,035 units in March. The company had sold 34,934 tractors in March, 2025, M&M Ltd said in a statement. Domestic sales in March 2026 stood at 43,403 units, up 33 per cent year-on-year from 32,582 units in March 2025. However, exports declined 31 per cent to 1,632 units during the month, compared with 2,352 tractors sold in March 2025, it said. A significant part of this high growth was driven by the full Navratri season falling entirely in March, unlike last year when it was split between March and April, said Veejay Nakra, President, Farm Equipment Business, Mahindra & Mahindra Ltd. On a full financial year basis, the company said, the total tractor sales spiked 24 per cent at 5,26,403 units in FY26 against 4,24,641 tractors.

Mahindra Holidays & Resorts India launches 2 new resorts in Maharashtra, MP

Mahindra Holidays & Resorts India Ltd on Friday announced addition of 159 rooms to its portfolio through the launch of two new resorts in Maharashtra and Madhya Pradesh. The launches of Club Mahindra Amba Ghat (Maharashtra) and Club Mahindra Bandhavgarh (Madhya Pradesh) supports FY26's goal of 1,000 new rooms and 12,000 keys by FY30, Mahindra Holidays & Resorts India Ltd (MHRIL) said in a statement. The two new properties strengthen the company's presence across Western and Central India, it added. "Destinations such as Amba Ghat and Bandhavgarh reflect the growing preference for immersive, nature-led experiences among today's travellers. At Club Mahindra, we have always believed in identifying and thoughtfully developing emerging leisure destinations for India's evolving base of holidaying families," MHRIL Managing Director & CEO Manoj Bhat said. The additions are aligned with MHRIL's expansion strategy of scaling the portfolio to 12,000 keys by FY30, the company said.

Mahindra Lifespace aims ₹3,000 cr revenue from new Mumbai housing project

Realty firm Mahindra Lifespace Developers Ltd is expecting a revenue of around Rs 3,000 crore from its new housing project in Mumbai. In a regulatory filing on Thursday, the company said it has launched first two phases of a mixed-use project 'Mahindra Rainforest' on LBS Marg, Kanjur, Mumbai. "Spanning 25.47 acres, the project is among the largest developments in Mumbai's central suburbs and is envisioned as an integrated lifestyle destination. The residential launch phases have an estimated Gross Development Value (GDV) of approximately Rs 3,000 crore," it added. The GDV means the total sales value of units launched in this project. Mahindra Lifespace Developer Ltd, the real estate and infrastructure development arm of the Mahindra Group, did not mention the investment to develop this project. The company's development footprint spans 53.65 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 a

Margin gains, deal wins reflect clients' trust: Tech Mahindra CEO

The strategy set by the new leadership three years ago at Tech Mahindra to sharpen the company's position for faster and sustainable growth is giving returns, which is getting reflected in improved operating margin and increase in large deals, a top official of the IT firm said. Tech Mahindra CEO & Managing Director Mohit Joshi told PTI that as the world is navigating through a tectonic shift towards a new era of enterprise intelligence led by AI empowered design and engineering, the company's focus is shifting from stabilisation to acceleration. The operating margin during the December 2025 quarter expanded by close to 100 basis points to 13.1 per cent, marking the ninth consecutive quarter of margin expansion for the company. Further, our commercial momentum has strengthened, with a 48 per cent increase, including large deal volumes over the past 12 months. This reinforces our belief that clients are responding positively to our sharper positioning, disciplined deal selection, .

Mahindra & Mahindra total auto sales rise 18% to 97,177 units in Feb

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 ...

Mahindra LMM bets on e-autos as Udo launch targets next EV growth phase

LMM expects the electrification rate among three-wheelers to rise to 55-60 per cent by 2030 from 35 per cent at present

Mahindra Lifespaces and Japan's Mitsui Fudosan announce long-term JV

Mahindra Lifespace Developers has entered into a long-term joint venture with Japan's Mitsui Fudosan Group, with a premium residential project in Bengaluru as the first development

Mahindra group to invest ₹15,000 crore over 10 years in Nagpur unit

Group would establish its largest integrated manufacturing facility for automobiles and tractors around the city

Mahindra unveils ₹15,000 cr decade-long investment plan for Maharashtra

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 ...

M&M bags order to supply 35,000 Scorpio Pik Ups to Indonesia's Agrinas

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 ...

Mahindra Lifespace Developers posts ₹109 crore in profit for Q3 FY26

Mahindra Lifespace swings to a ₹109 crore profit in Q3 FY26 on residential project completions and strong demand for industrial plots

Mahindra's XEV 9S, XUV 7XO clock nearly 94,000 bookings on launch day

Mahindra's newly launched XEV 9S and XUV 7XO SUVs drew strong initial demand, with nearly 94,000 bookings on the first day, translating into orders worth over Rs 20,500 crore

India's realty moves to the core of conglomerates' business strategy

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

Mahindra bets on XUV 7XO to reset premium SUV play, lure luxury buyers

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

Mahindra bets on SUVs, new launches to sustain sales growth in 2026

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 .

M&M auto sales rise 25% in December, SUVs and LCVs hit record highs

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

Mahindra bets on AI and skills to drive its 'Tech-First' transformation

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

M&M to build high-power highway network as it expands EV portfolio

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 looks to bolster play in core SUV, electric vehicle segments

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,