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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The automotive and farm businesses were the biggest drivers of the conglomerate’s growth.
Mahindra & Mahindra on Monday announced that its consolidated revenue increased 14% to Rs 1,59,211 crore in the 2024-25 financial year. Profit after tax rose 20% to Rs 13,167 crore in the same period.
The automotive segment was the largest contributor, with revenue growing 19% to Rs 90,825 crore while profit after tax grew 25% to Rs 5,907 crore. It sold 551,000 SUVs during the period, a 20% increase over the previous year. Its revenue market share in the segment also increased from 20.4% in 2023-24 to 22.5% in 2024-25.
Its farm business, which includes tractors and other machinery, contributed …
In the midst of a dream run, the unveiling of its latest SUV platform is a dead giveaway—the automaker is not taking its success for granted.
A late entrant, Bajaj is already the No. 2 player in electric three-wheelers. It is now banking on its ‘Chetak strategy’ to take the lead.
Strong SUV sales and upcoming EVs may be scoring all the headlines for the automaker, but investors need to watch its tractor business, which seems to be on the cusp of a breakout.
