M&M Results Q1 FY25

Consolidated PAT ₹3283 Crore, up 20%~

Key Highlights

M&M Results Q3 F24 and nine months F24

Q3 Consolidated PAT up 34% (excl. PY Susten gain and Trucks impairment)

Mr. Arun Nanda announces his retirement after an outstanding innings

His most significant achievements include the Group's diversification into leisure and hospitality, and the pioneering work he did in setting up Mahindra World Cities in Chennai and Jaipur

Mumbai, April 25, 2023: After a long innings of 50 years, Mr. Nanda, Chairman of Mahindra Holidays & Resorts India Ltd (MHRIL) notified the Board that he will not seek reappointment, consistent with the age limit for non-executive roles, thereby, he will retire at the upcoming AGM on July 25, 2023.

IFC to invest INR 600 crores at a valuation of up to INR 6,020 crores in new last mile mobility company to be launched by Mahindra & Mahindra Ltd.

Funding to help electrify India’s Last Mile Mobility and boost penetration of electric three-wheelers, supporting India’s climate goals

M&M Q2 PAT at Rs2,090 crore up 46% Q2 Consolidated PAT at Rs2,773 crore up 44%

• M&M Q2 revenue Rs20,839 crores up 57%; Consolidated revenues at Rs29,870 crores up 39%
• Highest ever quarterly standalone and consolidated revenue
• FES achieved highest Q2 volume and auto achieved highest ever quarterly volume
• No.1 in SUV revenue market share in Q2 F23, open bookings at 260k+ in SUVs, reflecting strong automotive demand.

Mumbai, November 11, 2022: The Board of Directors of Mahindra & Mahindra Limited today approved the financial results for the quarter and hal

British International Investment to invest up to Rs. 1,925 crores / USD 250 million at a valuation of up to Rs. 70,070 crores / USD 9.1 billion, into a new 4 Wheel Passenger Electric Vehicle Co. to be set up by Mahindra & Mahindra Ltd

The EV Co. will focus on four-wheel passenger electric vehicles. The total capital infusion for the EV Co. is envisaged to be approximately INR 8,000 crores / USD 1 billion between FY 24 and FY 27 for the planned product portfolio.

Tech Mahindra and Mahindra Racing Strengthen Partnership to Revolutionize Fan Experience

To provide EV engineering capabilities and drive Digital Transformation to enhance performance management

500 CEOs of major corporations unite to tackle disability inclusion in business

• Global business collective, The Valuable 500, announces it has reached its milestone of securing commitments from 500 global CEOs and their companies worldwide.
• Mahindra & Mahindra Ltd. joins in to unitedly tackle disability inclusion in business and Dr.
  2021-05-18

• Mahindra Logistics Ltd.’s Board appoints Dr Anish Shah as Chairman

  Mumbai, March 8, 2021: Mahindra Logistics Limited (MLL), a leading provider of logistics and people transport services, today announced the appointment of Dr Anish Shah as the Chairman of the Board, effective April 2, 2021. Dr Shah will join the Board of Directors of the Company on the same date. He is the Deputy Managing Director and Group CFO of Mahindra & Mahindra (M&M) Limited. He is designated to take over as the Managing Director and CEO of M&M Limited from April 2, 2021.

  2021-03-08

• Mahindra Group appoints Amit Raje as Executive Vice President - Partnerships & Alliances

  In alignment with our focus on growth and profitability, the Mahindra Group has today announced the appointment of Amit Raje as Executive Vice President – Partnerships & Alliances. Amit will be responsible for leading M&A and Investor Relations and will report to Dr. Anish Shah, Deputy Managing Director and Group CFO, Mahindra Group. Amit will drive growth and profitability by forging partnerships and alliances to help our high-potential businesses scale up and deliver technology that strengthens our market position.

  2020-07-01