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Mahindra & Mahindra Q1 profit rises 7% as SUV, tractor demand drives revenue
Mahindra & Mahindra reported Q1 profit of ₹3,685 crore, with revenue rising 23% on strong SUV demand and robust tractor sales despite higher costs.
TL;DRAI
Mahindra & Mahindra grew Q1 profit 6.8% to ₹3,685 crore, driven by 23% revenue increase on high-margin SUV demand and tractor business strength despite April price hikes. Portfolio diversification and pricing power offset Middle East war impact and input cost headwinds.
264 words~1 min read
