Latest news and updates from Mahindra Group

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Budget 2024: Unlocking India's true potential for growth & inclusion
Read Dr Anish Shah, Group MD and CEO, Mahindra Group talk about how Budget 2024 combines immediate measures and long-term growth initiatives to navigate challenges and boost the economy. Key highlights include tax-free income up to 12 lakh per annum, steps to enhance manufacturing and global competitiveness, and actions to support farmers, youth, and MSMEs, aiming for inclusive and sustainable development.

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Mahindra Finance Q3 results out

The company leveraged the buoyancy of the festive season demand in Q3 with disbursements of Rs. 16,467 crore reflecting a YoY growth of 7%. The disbursement for the first nine months stands at approximately Rs. 42,370 crore, which is 4% over the previous year. The gross assets under management increased by 19% compared to the previous year, reaching Rs. 1,15,126 crore.

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Mahindra Lifespaces looks at 5x growth

Mahindra Lifespaces reports pre-sales of Rs 1749 crore and Industrial land leasing of Rs 209 crore for 9M FY25. Commenting on the performance, Mr. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “We recorded our highest ever GDV additions during Q3, setting us up very well to achieve 5x growth target. Q3 FY25 pre-sales was primarily driven by sustenance, though it was slow compared to last year.

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Also launches new premium residential tower, Mahindra Citadel in Pune.

Adds a new redevelopment deal worth Rs950 Crore in Mumbai

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Mahindra Holidays & Resorts India Ltd. announces Q3 FY25 results

Commenting on the performance, Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India Ltd., said, “We have had a good quarter with robust improvement in consolidated profits. In India, we saw the continuation of the strong demand for leisure hospitality leading to a growth of 12% YoY in resort revenues. We continued to expand our inventory to offer more choices to our members. We have added 206 keys during the quarter.

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Mahindra Auto sells 50659 and total volumes of 85432 in January 2025

M&M today announced that its overall auto sales for the month of January 2025 stood at 85432 vehicles, a growth of 16%, including exports. In the Utility Vehicles segment, Mahindra sold 50659 vehicles in the domestic market, a growth of 18% and overall, 52306 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 23917.

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Mahindra’s Farm Equipment Sector sells 26305 tractor units in India during January 2025.

#Offer

Exclusive offer for Mahindra Group employees

Mahindra Group employees can now avail of personal loan at an interest rate of 10.49% only. No pre-payment charges from 6 months onwards.

Click Here

#News&Updates

Mahindra Susten Sustainability Report 2024

What happens when clean energy meets purpose? It powers change! Mahindra Susten just unveiled their Sustainability Report 2024. At Mahindra Susten, clean energy is more than a technology—it’s a catalyst for transformation. As they innovate for a greener planet, they also empower the communities around them, lighting up homes, opportunities, and futures. The theme for this year’s report is ‘Re-imagining Clean Energy… Empowering Lives.’

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