M&M Ltd. results Q2 F24 and H1 F24

Standalone PAT INR 3,452 cr., up 67%

Consolidated PAT up 6% (excl. PY SEL revaluation gain)

Strong first half … standalone PAT up 79%, consolidated PAT up 33% (excl. SEL), RoE 20%

Key Highlights

Mahindra Auto records highest ever SUV sales of 43,708 vehicles, a 36% growth and highest ever total volumes of 80,679 in October 2023

Mumbai, November 01, 2023: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of October 2023 stood at 80,679 vehicles, a growth of 32%, including exports.

Mahindra Auto sells highest ever SUVs at 41,267 vehicles, a 20% growth, and overall, 75,604 vehicles in September 2023

The domestic sales for Commercial Vehicles stood at 23,997 units

Mumbai, October 03, 2023: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of September 2023 stood at 75,604 vehicles, a growth of 17%, including exports.

Mahindra’s All-New Bolero MaXX Pik-Up range achieves 1 lakh production milestone in record time

The All-New Bolero MaXX Pik-Up range hits 1 lakh units in just 16 months

Mumbai, September 26, 2023: Mahindra & Mahindra (M&M), the makers of All-New Bolero MaXX Pik-Up range – India's leading pickup brand, today announced a remarkable achievement for its All-New Bolero MaXX Pik-Up range. The brand has rolled out 1 lakh units in a short span of 16 months, setting a record in the commercial load segment.

Mahindra unveils Bolero Neo+ Ambulance, priced at INR 13.99 Lakh

Aims to fill the gap between smaller van-based offerings and bigger coach-based offerings in the Type B Ambulance segment

Swaraj Tractor unveils TV commercial with brand ambassador MS Dhoni and the 'Naya Swaraj’

Mahindra expands XUV300 line-up with new variants, now starting at INR 7.99 lakh

Mahindra delivers the All-New Thar to Nikhat Zareen

Nikhat Zareen was crowned as “Mahindra Emerging Boxing Icon” at the 2023 IBA Women's World Boxing Championships

Hyderabad, August 10, 2023: Mahindra & Mahindra Ltd., India's leading SUV manufacturer, delivered its flagship SUV, the All-New Thar, to Nikhat Zareen, the winner of the prestigious 'Mahindra Emerging Boxing Icon' award at the 2023 IBA Women's World Boxing Championships.

Mahindra Auto sells highest ever SUVs, 36,205 vehicles with a 30% growth, and overall, 66,124 vehicles with a 18% growth in July 2023

The domestic sales for Commercial Vehicles stood at 20,898 units

Mumbai, August 01, 2023: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of July 2023 stood at 66,124 vehicles, including exports.

Mahindra Scorpio-N becomes the fastest production vehicle to cross the daunting Simpson Desert in Australia

The Scorpio-N crossed parallel sand dunes across a stretch of 385 kms in 13 hours and endured peak outside temperature recorded at 50 degree Celsius