Monday, May 5, 2025

Strong SUV demand drives up M&M standalone net 22% in March quarter

Mahindra & Mahindra reported a 22% increase in net profit for Q4, driven by strong SUV demand and increased vehicle sales. The company plans to establish a new greenfield manufacturing facility by FY28 to meet future demand, as current SUV capacity utilization exceeds 90%.

from Auto-Industry-Economic Times https://ift.tt/1vm9N3G

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