In a significant shift in India’s commercial vehicle market dynamics, Mahindra & Mahindra has emerged as the undisputed leader in the light commercial vehicle segment (below 3.5 tonnes), commanding a dominant 54.2% market share in Q1 FY26, up 340 basis points year-on-year. This achievement represents a strategic coup in a segment long dominated by Tata… Continue reading Mahindra Secures 54.2% LCV Market Share, Overtakes Tata in Q1 FY26
Category: US Motoring Press
Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra & Mahindra’s strategic focus on SUVs has proven prescient as the segment has exploded in popularity post-COVID, helping the company achieve its highest-ever quarterly SUV volumes of 152,100 units in Q1 FY26, a 22% year-on-year growth. The transformation of India’s automotive market has been dramatic. Pre-COVID, in 2019, SUVs accounted for less than 30%… Continue reading Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra & Mahindra’s strategic focus on SUVs has proven prescient as the segment has exploded in popularity post-COVID, helping the company achieve its highest-ever quarterly SUV volumes of 152,100 units in Q1 FY26, a 22% year-on-year growth. The transformation of India’s automotive market has been dramatic. Pre-COVID, in 2019, SUVs accounted for less than 30%… Continue reading Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
Mahindra & Mahindra’s electric vehicle business delivered a strong financial performance in Q1 FY26, recording ₹111 crore EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortisation) on revenues of ₹2,800 crore. This reflects growing operating scale and traction across its electric SUV portfolio. Breaking down the structure, M&M’s EV operations span two legal entities: • Mahindra Limited,… Continue reading Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
Mahindra & Mahindra’s electric vehicle business delivered a strong financial performance in Q1 FY26, recording ₹111 crore EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortisation) on revenues of ₹2,800 crore. This reflects growing operating scale and traction across its electric SUV portfolio. Breaking down the structure, M&M’s EV operations span two legal entities: • Mahindra Limited,… Continue reading Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
US to Impose 25% Tariff Plus Penalty on Goods From India
At a time when India is positioning itself as a hub for global manufacturing and presenting as an alternative to China, the US President Donald Trump said his country will impose a duty of 25% along with a penalty on the export of goods from India from August 1. “Remember, while India is our friend,… Continue reading US to Impose 25% Tariff Plus Penalty on Goods From India
US to Impose 25% Tariff Plus Penalty on Goods From India
At a time when India is positioning itself as a hub for global manufacturing and presenting as an alternative to China, the US President Donald Trump said his country will impose a duty of 25% along with a penalty on the export of goods from India from August 1. “Remember, while India is our friend,… Continue reading US to Impose 25% Tariff Plus Penalty on Goods From India
Mahindra Achieves 8% EV Share, Tops e-SUV Revenue Charts
Mahindra & Mahindra (M&M) recorded a new high in its electric vehicle (EV) journey, with EVs accounting for 8 percent of its total SUV volumes in Q1 FY26 — underscoring the brand’s growing traction in India’s emerging e-mobility landscape. The company also retained its No. 1 leadership position in the electric SUV segment, topping both… Continue reading Mahindra Achieves 8% EV Share, Tops e-SUV Revenue Charts
Mahindra Lead Independent Director T.N. Manoharan Passes Away
Mahindra & Mahindra Ltd. said T.N. Manoharan, its Lead Independent Director, passed away on Wednesday, July 30, 2025. The company confirmed the news in an official filing with the National Stock Exchange of India, BSE Limited, The Luxembourg Stock Exchange, and the London Stock Exchange, in compliance with Regulation 30 of the SEBI (Listing Obligations… Continue reading Mahindra Lead Independent Director T.N. Manoharan Passes Away
Greaves Cotton Reports Q1 FY26 Financial Results with Growth Across Segments
Greaves Cotton Limited has announced its financial results for the first quarter of fiscal year 2025–26, ending June 30, 2025. The company reported year-on-year growth in standalone revenue and earnings, driven by performance across its business divisions and operational improvements. Standalone revenue for the quarter reached ₹541 crore, reflecting a 22% increase compared to the… Continue reading Greaves Cotton Reports Q1 FY26 Financial Results with Growth Across Segments