Mahindra & Mahindra (MM IN) - Strong Margin Expansion Across Divisions
Gross profit grew by 23.8%YoY while margin expanded by 72bps YoY to 25.6% (PLe: 26.2%), benefiting from higher volume and mix improvement.
150 Views
Mahindra and Mahindra - In-Line Performance; New Launches to Drive Growth
Mahindra & Mahindra’s (M&M) EBITDA margin at 14.4% was up ~20bps QoQ (vs consensus estimate of 14.7%); auto segment’s EBIT margin was up 20bps QoQ...
238 Views
Mahindra & Mahindra Ltd - In Comes INGLO - Launchpad for BEVs
Timely launch of attractively-priced and feature-rich BEVs would help M&M adhere to CAFÉ norms; models seem poised well accepted in market.
459 Views
Mahindra & Mahindra - Impressive EV Launch, Though Category Adoption to Be Gradual
We attended M&M’s unveiling of its first two born EV SUVs—BE 6e and XEV 9e (press release), and are impressed by the strong specifications/features...
343 Views
Mahindra & Mahindra - Solidifying Its Position in Auto & Farm Business
In the Automotive business, it remains on track to delivering mid-teen volume growth for FY25 and is confident of outpacing industry growth in UVs...
429 Views