Mahindra & Mahindra reported a 7% rise in Q1 profit, driven by robust demand for high-margin SUVs and strong performance in its farm equipment business.

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.

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…

Mahindra & Mahindra shares climbed up to 3% after the automaker reported a 7% year-on-year rise in standalone net profit to Rs 3,685 crore for the June quarter. Revenue from…

The drop in profit came despite a 36% year-on-year increase in revenue from operations to Rs 52,456 crore during the reporting period.