M&M Results Q3 F24 and nine months F24

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

NIIF’s India-Japan fund to invest INR 400 Crore at a valuation of up to INR 6600 Crore in Mahindra Last Mile Mobility Limited

Mumbai, January 11, 2024: Mahindra & Mahindra Ltd. (“M&M”), a leader in automotive, farm and services businesses, and India-Japan Fund (“IJF”), a fund managed by National Investment and Infrastructure Fund Limited (“NIIF”) have executed a binding agreement for IJF to invest INR 400 Crore in Mahindra Last Mile Mobility Limited (“MLMML”), which houses M&M’s last-mile mobility business including three wheelers (Alfa, Treo, Zor) and four-wheeler SCV (Jeeto) brands.

Mahindra and NXP signs MoU to drive next-generation smart electric mobility

Mahindra intends to explore NXP's extensive portfolio, innovative automotive system solutions, and expertise in zonal and domain controllers, electrification, advanced vehicle networks, and secure car access technologies for their upcoming platforms

MS Dhoni: a proud customer, now endorses Swaraj Tractors

The legendary wicket-keeper-batsman, a farmer and an existing customer of Swaraj Tractors, will now officially endorse the brand

Mumbai, June 02, 2023: Mahendra Singh Dhoni (MS Dhoni), legendary wicket-keeper-batsman, a farmer and an existing customer of Swaraj Tractors, will now officially endorse the brand. His association with Swaraj Tractors will reinforce the brand’s commitment to provide innovative and reliable mechanisation solutions to farmers in India.

M&M Q4 and FY’23 results announced

FY’23 Consolidated PAT crosses INR 10,000 cr, up 56%, dividend of INR 16.25 per share, up 41%

Mumbai, May 26, 2023: The Board of Directors of Mahindra & Mahindra Limited today approved the financial results for the quarter and year ended March 31, 2023 of the Company and the consolidated Mahindra Group.

Quick Highlights

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

Mahindra Electric Announces Appointment of Suman Mishra as CEO

Mumbai, July 14, 2021: Mahindra Electric Mobility Ltd. (MEML), part of the Mahindra Group, today announced the appointment of Suman Mishra as the Chief Executive – Mahindra Electric Mobility Ltd. (MEML) as a Whole-time Director with effect from August 14, 2021. She will also be the Chief Executive Designate for the Last Mile Mobility business (LMM). She moves from her current role of Senior Vice President - Business Transformation, Insights and Analytics (BIA) for the Automotive Sector.

Mahindra and Mahindra Ranks #2 on ‘2021 India’s Best Companies to Work For’ List by Great Place to Work Institute®

Mumbai, June 19, 2021: Mahindra & Mahindra Ltd one of India’s largest automotive company and World’s largest tractor company by volume, announced today that it has been Ranked No.2 in “INDIA’S BEST COMPANIES TO WORK FOR 2021” by the Great Place to Work Institute®.

Mitsubishi Mahindra Agricultural Machinery appoints Toru Saito as President & CEO

Mumbai, May 17, 2021 – Mitsubishi Mahindra Agricultural Machinery today announced the appointment of Mr Toru Saito as President & CEO.

Mitsubishi Mahindra Agricultural Machinery Co. Ltd., (MAM) is a strategic investment in Japan. It is a Centre of Excellence (CoE) for the rice value chain and plays a key role in establishing Mahindra as a global player in the area of Tractor and Farm Implements.