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

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.