The Churn...

The year was replete with tough external conditions: poor monsoon, expiry of fiscal benefits, drop in rural consumer demand and lower exports due to global slowdown.We, however, responded by launching new products and continued our razor sharp focus on cost control and working capital management. Even in a difficult year, remarkably, we put up a strong show.At Mahindra, we are convinced that in this VUCA world, as the churn abates and turmoil gives way to transformation, the nectar of long-term sustainable growth can be achieved.

Financial Highlights (M&M Standalone)

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