Reporting FY2020-21 Q4 consolidated revenue of Rs.21,456 crore, up 32 per cent, and a consolidated Q4 PAT before EI at Rs.1,834 crore, up 170 per cent, Mahindra & Mahindra Ltd. (M&M) will introduce 23 new Mahindra in the passenger and commercial vehicle markets, along with 37 tractor types by 2026. Reporting a generation of operating cash of Rs.10,022 crore in[Read More…]
The 15th Edition of Auto Expo 2020 will focus on electric mobility, technology infusion and safety among other aspects of CV mobility. Deven Lad To be held from February 07-12, 2020, at India Expo Mart, in Greater Noida, the premier auto show, Auto Expo 2020, is set to host a successful edition. Held at a time when auto sales are[Read More…]
Press Release Over the next fifteen months, a number of key leaders at Mahindra & Mahindra Ltd. will be retiring. In light of that, and in pursuance of the highest standards of corporate governance, over the past one year the Governance, Nomination & Remuneration Committee (GNRC) of the Board has completed a structured and rigorous review of top management succession, which has now been ratified by[Read More…]
Mahindra Truck and Bus Division (MTBD), a part of the USD 16.9 billion Mahindra Group, today announced the roll out of its 15,000th heavy commercial vehicle (HCV) from the state-of-the-art plant in Chakan, Maharashtra. In addition, the company also reached a sales milestone of 125,000 light commercial vehicles (LCVs) on Indian roads. As part of its plan to put the[Read More…]
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