Mahindra & Mahindra’s 2023-24 report shows a 17% rise in income and a 64% increase in standalone profit. Automotive volumes grew 18.1%, while tractor sales fell 7.2%.
Mahindra & Mahindra’s Integrated Annual Report for 2023-24 showcases strong financial performance. The company’s income from operations saw a 17% increase to ₹1,01,219 crore (standalone) and ₹1,39,078 crore (consolidated), compared to the previous year. Mahindra & Mahindra Annual Report.
Its Profit After Tax (PAT) also rose significantly, with a 64% increase to ₹10,718 crore (standalone) and a 10% increase to ₹11,269 crore (consolidated). On the non-financial side, automotive volumes grew by 18.1%, while tractor sales saw a decline of 7.2%.
