Revenue rises 77% YoY; PBIT margin improves 860 bps as XEV 9S drives volumes, EV penetration
Mahindra & Mahindra Ltd on Saturday reported a 26 per cent rise in total auto sales at 1,03,860 units in July 2026. Utility vehicle sales in the domestic market stood at 60,048 units last month as against 49,871 units in July 2025, registering a growth of 20 per cent. Domestic sales for commercial vehicles stood at 25,204, a growth of 23 per cent, it added. Total exports in July stood at 4,070 units as against 2,774 units in the same month last year, up 47 per cent, the company said. The overall growth reflects all-round demand traction across the portfolio, M&M Ltd CEO, Automotive Division, Nalinikanth Gollagunta, said.
The reforms of 1991 not only enhanced car buyers' choices but also helped put Indian manufacturing on the global map
Brokerages remain positive on Mahindra & Mahindra as robust SUV demand, market share gains and capacity expansion offset near-term pressure on operating margins
M&M today reported a 33.6 per cent year-on-year growth in consolidated net profit at ₹5,454.54 crore for the quarter ended June 30, 2026.
Auto and farm profits rise 18%; services PAT jumps 80% on improved performance at MMFSL and Tech Mahindra
Mahindra & Mahindra on Thursday reported 33.6% YoY growth in consolidated net profit, backed by 26.6% increase in revenue from operations for Q1FY27.
Automotive revenue rose 32.3 per cent and farm equipment revenue grew 14.8 per cent, while a ₹641 crore associate-investment sale gain supported consolidated profit growth
SML Mahindra's board on Wednesday approved the acquisition of the Mahindra Truck and Bus Division from parent Mahindra & Mahindra.
Board approves Rs 525 crore acquisition of Mahindra Truck and Bus Division, bringing all commercial vehicle operations above 3.5 tonnes under one listed entity
SML Mahindra has a strong heritage and pan-India presence in the trucks & buses segment. The company has a market capitalisation of more than ₹6,600 crore.
The BE 6 electric SUV marked the milestone as Mahindra's Chakan plant produced its latest one million vehicles in 27 months, compared with 107 months for the first million
Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.
The average trading volumes at the Landmark Cars counter jumped over 10-fold, with a combined 5.6 million equity shares changing hands on the NSE and BSE till 09:29 AM on Wednesday.
Mahindra Tractors, India's No. 1 tractor brand, on Monday announced the pan-India launch of its multi-purpose tractor YuvoTech+ 585 DI V1, and said it will launch seven new tractors and 12 new features, including products from Mahindra's New Tractor range and the Swaraj Protek this fiscal year. "We are launching the YuvoTech+ 585 DI V1 across India following its successful introduction in select markets. Built on our fast-growing YuvoTech platform, this tractor combines advanced technology with robust performance and practical features," Mahindra Tractors Chief Executive Officer Harsh Rai said. The tractor comes with an industry-leading six-year warranty and will be available across Mahindra dealerships nationwide, the company said.
While retaining HDFC Bank, Bernstein has added Axis Bank to its portfolio amid hopes of an improvement in asset quality and a more favourable trajectory for credit costs.
Mahindra & Mahindra (M&M) Ltd on Wednesday reported a 37 per cent increase in total sales, including exports, to 1,06,207 units in June, compared with 77,742 units in the same month last year. The company's domestic SUV sales rose 28 per cent year-on-year to 60,393 units during the month from 47,306 units in June 2025, M&M said in a statement. Commercial vehicle domestic sales stood at 26,076 units in June, registering a 35 per cent year-on-year growth, the statement added. Meanwhile, in a separate statement, the Farm Equipment Business (FEB) of the Mahindra Group reported total tractor sales of 59,935 units in June 2026, up 12 per cent from 53,392 units in the corresponding month last year. Within this, domestic sales logged 12 per cent growth year-on-year to 58,177 units from 51,769 tractors in June 2025, it said. "While it is early to assess the full impact of emerging El Nino conditions, strong government interventions like sustained fertiliser subsidies and targeted ..
Key trigger: Brent Crude prices have declined to $73/barrel, to almost its lowest since start of the US Iran war on February 28, 2026.
Govt waived the licence requirement for 77-81 GHz radar sensors, allowing faster deployment of automotive sensing tech without separate spectrum allocation approvals
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