Mahindra's Profit Rises 25% on SUV Sales, Margins Hit by Costs
Mahindra & Mahindra reported a 25% increase in consolidated profit, driven by strong SUV sales and significant growth in its auto business. However, rising commodity costs pressured operating margins in the auto sector. The farm division faced challenges due to lower tractor volumes. Mahindra's finance and technology divisions also contributed positively to overall performance.
Economic Times·



