Profit growth is seen capped at 2.3% as higher input costs, richer EV mix and continued investments weigh on profitability, with Street estimates pointing to a 150-200 bps contraction in standalone EBITDA margins.

Profit growth is seen capped at 2.3% as higher input costs, richer EV mix and continued investments weigh on profitability, with Street estimates pointing to a 150-200 bps…

Mahindra and Mahindra (M&M) on Thursday reported 7% year-on-year (YoY) growth in its standalone net profit at Rs 3,685 crore.

Mahindra & Mahindra reported Q1 profit of ₹3,685 crore, with revenue rising 23% on strong SUV demand and robust tractor sales despite higher costs.

M&M navigated commodity inflation to achieve record profits, driven by diversified growth in automotive, farm, and electric vehicle sectors.

Mahindra & Mahindra announced a thirty-four percent profit increase for the fiscal first quarter. Robust demand for sport utility vehicles and tractors fueled this significant…