M&M results Q4 and full year FY’22

The Momentum continues … FY22 Standalone PAT after EI up 401% FY22 Consolidated PAT after EI at Rs 6,577 crores, up 97% Q4 Consolidated PAT after EI at Rs 2,237 crores, up 48% Dividend of Rs 11.55 per share, up 32%

Mahindra Group ups stake in Ag-tech start-up Carnot to 69%

Mumbai, March 22, 2022: Mahindra Group has increased its stake in Carnot Technologies, an ag-tech start-up, to approximately 69%. The group has also affirmed its commitment to its vision of making Krish-e, the group’s farming as a service vertical, India’s largest ecosystem of digital products and solutions. As part of the round, an attractive ESOP pool for future employees has also been created.

Swaraj Tractors awards scholarship to 58 engineering students under ‘Mera Swaraj Education Support Program'

Meritorious students from engineering colleges get financial assistance and opportunities to work on live agri-mechanisation projects Swaraj Tractors’ program helps create a future pool of engineers Mohali, May 23rd, 2022: Swaraj Tractors, part of Mahindra Group, has awarded scholarship to 58 students including 15 girls under Mera Swaraj Education Support Program.

Mahindra & Mahindra tractors may see another small hike in prices after a 2-2.5% increase in April

Mahindra signs MoU with Jammu & Kashmir Bank to provide affordable loans for its range of Farm Equipment

Mumbai, May 05, 2022: Mahindra & Mahindra’s Farm Equipment Sector, the world’s largest tractor manufacturer by volume and a part of the Mahindra Group, signed a memorandum of understanding (MoU) with the Jammu & Kashmir Bank to finance Mahindra’s range of tractors and farm machinery.

Mahindra’s Farm Equipment Sector Sells 39,405 units in India during April 2022 registering a growth of 51%

Mumbai, May 2, 2022: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for April 2022. Domestic sales in April 2022 were at 39,405 units, as against 26,130 units during April 2021. Total tractor sales (Domestic + Exports) during April 2022 was at 40,939 units, as against 27,523 units for the same period last year.