Mahindra & Mahindra announced its production, sales and export figures for month of October 2024. Production stood at 88,250 units in October 2024 compared to 78,889 units in October 2023. Sales were 93,142 units in October 2024 compared to 78,825 units in October 2023. Exports were 3506 units in October 2024 compared to 1,854 units in October 2023. Powered by Capital Market - Live

Net profit of Mahindra & Mahindra rose 35.05% to Rs 3170.72 crore in the quarter ended September 2024 as against Rs 2347.75 crore during the previous quarter ended September 2023. Sales rose 9.94% to Rs 37689.04 crore in the quarter ended September 2024 as against Rs 34281.20 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales37689.0434281.20 10 OPM %18.9316.71 - PBDT6041.954706.34 28 PBT4739.963567.70 33 NP3170.722347.75 35 Powered by Capital Market - Live

Profit before tax (PBT) grew 14.09% year on year (YoY) to Rs 4,930.98 crore in the quarter ended 30 September 2024. PAT margin improved to 8.4% in September 2024 quarter as against 6.8% posted in same quarter last year. M3.5T stands at 52.3%, a rise of 260 bps YoY. The auto standalone PBIT margin was 9.5%, a gain of140 bps YoY (excl. PY gain on LMM transfer). In our tractor business, we achieved our highest -ever Q2 market share at 42.5%, with standalone margins up by 150 bps YoY.' Amarjyoti Barua, Group CFO, said, 'While the Auto and Farm segments continue to deliver the strong performance we have come to expect of them, this quarter also reflected the strength of our Services portfolio. This has been the trend through H1 F25 and we expect it to continue for the rest of the year in line with our strategy.' M&M Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The scrip declined 0.33% to currently trade at Rs 2,925 on the BSE.Powered by Capital Market - Live

Mahindra & Mahindra Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 2911.35, up 0.41% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.86% on the day, quoting at 24422.05. The Sensex is at 80185.47, up 0.89%. Mahindra & Mahindra Ltd has dropped around 4.86% in last one month. Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has dropped around 6.77% in last one month and is currently quoting at 23839.6, up 0.92% on the day. The volume in the stock stood at 12.47 lakh shares today, compared to the daily average of 37.46 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 2918.4, up 0.42% on the day. Mahindra & Mahindra Ltd is up 96.75% in last one year as compared to a 25.84% gain in NIFTY and a 49.03% gain in the Nifty Auto index.The PE of the stock is 33.93 based on TTM earnings ending June 24.Powered by Capital Market - Live

Mahindra & Mahindra is set to introduce two pioneering electric brands, XEV and BE (pronounced be), on the Electric Origin INGLO architecture, at the Unlimit India World Premiere on November 26, 2024, in Chennai. Both brands will launch their first flagship products ' the XEV 9e and the BE 6e. The ground-up INGLO architecture, crafted with an Indian heart and a global outlook, packs intuitive, intelligent, and immersive innovations. From class-leading safety standards to exhilarating performance and impressive range and efficiency, INGLO is designed to deliver a multi-sensory driving experience. The XEV 9e will redefine electric luxury, while the BE 6e delivers bold, athletic performance 'the two Indian icons are ready to beat everyone on the globe with their unmissable design, unparalleled technology and unrivalled performance. Powered by Capital Market - Live

Mahindra & Mahindra Ltd rose 3.21% today to trade at Rs 2907.4. The BSE Auto index is up 0.49% to quote at 54420.89. The index is down 7.04 % over last one month. Among the other constituents of the index, Sundram Fasteners Ltd increased 1.97% and Eicher Motors Ltd added 0.74% on the day. The BSE Auto index went up 49.27 % over last one year compared to the 23.07% surge in benchmark SENSEX. Mahindra & Mahindra Ltd has lost 3.63% over last one month compared to 7.04% fall in BSE Auto index and 3.03% drop in the SENSEX. On the BSE, 33319 shares were traded in the counter so far compared with average daily volumes of 81418 shares in the past one month. The stock hit a record high of Rs 3221.1 on 27 Sep 2024. The stock hit a 52-week low of Rs 1450.55 on 01 Nov 2023.Powered by Capital Market - Live

Mahindra and Mahindra has updated that its overall auto sales for the month of September 2024 stood at 96648 vehicles, including exports. In the Utility Vehicles segment, Mahindra sold 54504 vehicles in the domestic market, a growth of 25% and overall, 55571 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 28812.Powered by Capital Market - Live

Mahindra & Mahindra will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

Mahindra South East Asia has been incorporated in Thailand on 08 October 2024, as a subsidiary of Mahindra Overseas Investment Company (Mauritius) (MOICML), which in turn is a wholly owned subsidiary of Mahindra & Mahindra. Powered by Capital Market - Live

Mahindra & Mahindra announced that the newly launched Thar ROXX has registered 176218 bookings within 60 minutes of booking commencement at 11.00 am. The unprecedented response reflects the broad appeal of Thar ROXX, captivating customers nationwide. With its head-turning design, refined driving experience, powerful performance, unmatched off-roading capability, top-tier safety features, spacious interiors, and advanced technology, Thar ROXX continues to set new benchmarks as a category disruptor in the SUV segment. Deliveries of the Thar ROXX will commence on the auspicious occasion of Dussehra. Mahindra is grateful to its customers for the enthusiastic response and remains committed to prioritizing a seamless delivery experience. As deliveries begin, Mahindra will inform customers about their tentative delivery schedules in a phased manner over the next three weeks.  Powered by Capital Market - Live