Mahindra & Mahindra Ltd 01 Apr 2025 12:00 AM
Mahindra & Mahindra sells 4.24 lakh tractors in FY25,
Mahindra & Mahindra`s Farm Equipment Sector sold 424,641 tractors in FY2025 compared to 378,386 units in FY2024, recording a growth of 12%. Total sales include domestic tractors sales of 407,094 units (up 12% YoY) and tractor exports of 17,547 units (up 27% YoY). Commenting on the FY25 performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra said, �We have achieved our highest ever tractor sales in F25 with a growth of 12%. This is driven by very strong retail sales across the country and lowest ever dealer channel inventory.�Powered by Capital Market - Live News
Mahindra & Mahindra Ltd 01 Apr 2025 12:00 AM
Mahindra & Mahindra records 34% jump in tractors sales in March,
Mahindra & Mahindra`s Farm Equipment Sector sold 34,934 tractors in month of March 2025 compared to 26,024 units in March 2024, recording a growth of 34%. Total sales include domestic tractors sales of 32,582 units (up 34% YoY) and tractor exports of 2352 units (up 35% YoY). Commenting on the March performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra said �We have sold 32582 tractors in the domestic market during March` 25, a growth of 34% over last year. The tractor industry has been witnessing good momentum on account of favorable weather conditions, good reservoir levels, strong rabi outlook and positive terms of trade for farmers. Harvest season has commenced in the northern regions and is expected to progress smoothly across the country. Delivery momentum picked up in the last week of March on account of festivities and momentum is expected to continue in Q1 FY26 on expectation of very good Rabi crop harvest and improved cash flow in the hands of the farmers In the exports market, we have sold 2352 tractors, a growth of 35% over last year.� Powered by Capital Market - Live News
Mahindra & Mahindra Ltd 01 Apr 2025 12:00 AM
Mahindra & Mahindra records 14% growth in FY25 sales,
Mahindra & Mahindra achieved total sales of 941,115 units in FY25 compared to 824,939 units in FY24, recording a growth of 14%. Total sales include passenger vehicle sales of 551,487 units (up 20% YoY) and commercial vehicle sales of 354,919 units (up 4% YoY). Total sales include exports of 34,709 units (up 41% YoY). The company said, The company closed the year with 551487 SUVs, the highest ever in its history, with a growth of 20%YoY. We also closed the year with the highest Vahan registrations with 20% growth (1st Apr 2024 to 31st March 2025) helping us to keep our dealer inventory levels within norms.Some of the other key achievements for the year include being the No1 SUV player and No2 Passenger Vehicle manufacturer by revenue, crossing 50% market share in the LCVPowered by Capital Market - Live News
Mahindra & Mahindra Ltd 01 Apr 2025 12:00 AM
Mahindra & Mahindra March sales volumes jump 23%,
Mahindra & Mahindra achieved total sales of 83,894 units in month of March 2025 compared to 68,413 units in March 2024, recording a growth of 23%. Total sales include passenger vehicle sales of 48,048 units (up 18% YoY) and commercial vehicle sales of 31,703 units (up 21% YoY). Exports rose 163% to 4143 units. In the Utility Vehicles segment, Mahindra sold 48048 vehicles in the domestic market, a growth of 18% and overall, 50835 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 23951.The company said, The company closed the year with 551487 SUVs, the highest ever in its history, with a growth of 20%YoY. We also closed the year with the highest Vahan registrations with 20% growth (1st Apr 2024 to 31st March 2025) helping us to keep our dealer inventory levels within norms.Some of the other key achievements for the year include being the No1 SUV player and No2 Passenger Vehicle manufacturer by revenue, crossing 50% market share in the LCV According to Veejay Nakra, President, Automotive Division, M&M Ltd., �In March, we sold a total of 48,048 SUVs, with a growth of 18% and 83894 total vehicles, a 23% growth over last year. We also started the deliveries of our Electric Origin SUVs, where we see a strong continued demand momentum. The year ended on a very positive note with us selling over 5 lakh SUVs in the domestic market for the first time ever.� Powered by Capital Market - Live News
Mahindra & Mahindra Ltd 15 Mar 2025 12:00 AM
Mahindra & Mahindra announces cessation of its subsidiary - Fifth Gear Ventures,
Mahindra & Mahindra announced that the scheme of amalgamation and arrangement of Fifth Gear Ventures, a wholly owned subsidiary of Mahindra First Choice Wheels (FGVL / transferor company) with Mahindra First Choice Wheels (MFCWL / Transferee Company), a wholly owned subsidiary of Mahindra Holdings (MHL), and their respective shareholders has been approved by the Mumbai Bench of the National Company Law Tribuna1 on 11 February 2025. Accordingly, the scheme has become effective from 15 March 2025 and FGVL has ceased to be a subsidiary of MFCWL and that of MHL and the Company with effect from 15 March 2025.Powered by Capital Market - Live News
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