Automotive & Parts #mahindra#automotive
Mahindra & Mahindra Records 34% Profit Jump Despite Commodity Cost Headwinds
Mahindra & Mahindra's June-quarter consolidated profit rose 34% YoY to ₹5,455 crore, with nearly 70% of the increase from core operating businesses despite 400-500 bps commodity-cost inflation. The electric vehicle business turned profitable, contributing ₹288 crore PBIT, while farm equipment added ₹197 crore. The results highlight the strength of Mahindra's diversified portfolio.
Jul 30, 2026 1 source