Page 4 - Mahindra & Mahindra

M&M Q1 PAT rises 24% to ₹4,083 crore on strong auto volume growth

Auto volumes rise 17 per cent, SUV market share improves 570 bps to 27.3 per cent, while farm and services also report healthy margins and profits in Q1FY26

Mahindra EV biz posts ₹111 crore Q1 EBITDA, awaits PLI nod for XUV9e

Strong demand for electric SUVs boosts Mahindra's EV business to Rs 111 crore EBITDA in Q1FY26; company awaits PLI certificate and ramps up production gradually

Mahindra Q1 results: Net profit up 24% to ₹4,083 cr, income at ₹45,529 cr

Mahindra & Mahindra on Wednesday posted a 24 per cent year-on-year increase in its consolidated net profit to Rs 4,083 crore for the June quarter, driven by broad-based growth across business verticals. The company reported a net profit of Rs 3,283 crore for the April-June quarter of the last fiscal. Total income from operations rose to Rs 45,529 crore in the June quarter against Rs 37,218 crore in the year-ago period, the Mumbai-based company said in a regulatory filing. The company stated that auto and farm businesses continue to deliver on growth and margins with profits up by 20 per cent. Financial services assets under management (AUM) grew at 15 per cent while Tech Mahindra (TechM) continued its journey of margin expansion with EBIT improvement of 260 basis points (bps). Amongst the company's growth gems, Mahindra Logistics showed strong revenue momentum with 14 per cent growth and Mahindra Holidays & Resorts India (MHRIL) expanded room inventory by 10 pe cent, it ...

Motilal Oswal sector of the week: Tractor industry; check top stock picks

While near-term sentiment remains positive, industry watchers remain cautious about upcoming monsoon trends and rural liquidity-both critical for sustaining demand in the remaining quarters

M&M shares hit new high, soar 40% from April low; more upside ahead?

Driven by a strong order backlog and new launches, Motilal Oswal Financial Services expects M&M to continue outperforming industry growth in FY26

Smallcap auto stock surges 10% post Q1 results; zooms 102% in 1 month

Shares of SML Isuzu hit a new high at ₹3,675.15, and were locked at the 10 per cent upper circuit on the BSE in Friday's intra-day trade.

GST rate rejig: Tractors, ACs may emerge as key beneficiaries, says Nomura

Nomura said scrapping the 12 per cent GST slab could bring major tax relief for tractors and ACs, boosting demand and pricing.

CAFE norms battle hots up: M&M counters Maruti Suzuki on relief

Industry divide complicates govt's efforts to finalise new fuel-efficiency norms

Mahindra Logistics to raise up to ₹750 crore through rights issue

Mahindra Logistics, a Mahindra Group company, plans to raise up to ₹750 crore through a rights issue to repay borrowings and for general corporate purposes

Mahindra, Uno Minda eye making rare earth magnets in India as China curbs bite

Mahindra and Uno Minda are exploring rare earth magnet manufacturing in India as the government considers incentives and stockpiling amid Chinese export curbs

Mahindra BE 6, XEV 9e Pack Two EV deliveries to start by July-end

BE 6 and XEV 9e Pack Two models to feature a new 79 kWh battery option with a 500 km range, Level 2 ADAS, fast charging and expanded connected car features

SML Isuzu zooms 44% in 6 days; what's fuelling the automobile stock?

SML Isuzu reported 6.3% YoY growth in total vehicle sales of 1,871 units in June 2025, driven by cargo vehicle sales, which grew 41.6 per cent YoY to 480 units during the month.

Nifty Auto sees Golden Cross, 5 stocks with similar patterns; how to trade?

MRF, TVS Motor, Tata Motors, Maruti, Mahindra & Mahindra and Ashok Leyland from the Nifty Auto index have witnessed a 'Golden Crossover' in recent months; here's a detailed outlook.

Nomura maintains FY26 auto growth forecasts despite June wholesale miss

Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.

Mahindra & Mahindra's overall auto sales rise 14% in June at 78,969 units

Mahindra & Mahindra on Tuesday reported a 14 per cent year-on-year increase in its overall auto sales to 78,969 units in June. In the passenger vehicles segment, the company said its utility vehicles sales surged 18 per cent to 47,306 units in the domestic market last month against 40,022 units in the year-ago period, up 18 per cent. Domestic three-wheeler sales stood at 8,454 units, an increase of 37 per cent as compared with 6,180 units in June last year, M&M said in a statement. Total exports increased 1 per cent year-on-year to 2,634 units last month. "The quarter ended on a very positive note for us, marking the highest quarter ever for SUVs," Nalinikanth Gollagunta, Mahindra & Mahindra (M&M) CEO - Automotive Division, said. In the farm equipment sector (FES), the company said its total tractor sales (domestic and exports) rose 13 per cent to 53,392 units in June from 47,319 units a year ago. In the domestic market, tractor sales grew 13 per cent to 51,769 units ..

India poised to emerge as global manufacturing powerhouse: M&M Group CEO

India stands uniquely poised to emerge as a global manufacturing powerhouse amid the challenging geopolitical environment, according to Mahindra & Mahindra Group CEO and Managing Director Anish Shah. Addressing shareholders in the group's Annual Report for 2024-25, Shah noted that with its growing infrastructure, young workforce, and favourable policies, India's opportunity to lead the world in manufacturing has never been greater. "The current geopolitical and economic landscape is challenging, with persistent headwinds across continents. Yet, India stands uniquely poised to emerge as a global manufacturing powerhouse," Shah stated. Mumbai-headquartered Mahindra group aspires to be a globally recognised brand and has made significant strides, he noted. "At 80 years, Mahindra remains deeply anchored in its values and steadfast in its commitment to performance, even amid global uncertainty. Our growth is propelled by the India story ... we operate in 70 per cent of the country's ...

Nuvama sees mixed June auto sales; two-wheelers, tractors to outperform

Analysts cite rural demand and the ongoing marriage season as key drivers supporting two-wheeler and tractor volumes, while subdued consumer sentiment and conversion delays are likely to weigh on PV &

Dividend stocks! M&M, 34 others to go ex-date next week; do you own any?

Container Corporation, and Paras Defence will also remain in focus, as the former has announced bonus issue of equity shares for its shareholders, while the latter has announced stock-split

M&M shares up for 3rd straight day, rebounds 34% from April low; here's why

Thus far in the month of June 2025, M&M has outperformed the market by rising 6%, as compared less than 1% rise in the BSE Sensex and BSE Auto index.

Tractors carve fresh growth furrows across FY26 auto sector landscape

Farm wheels spin past autos powered by strong monsoon, rising MSPs, and M&M's market grip