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Mahindra & Mahindra Q3 results: Net profit jumps 60% YoY to Rs 2,454 crore on healthy topline

The company’s results exceeded analysts’ expectations. As per the average estimates of five brokerage firms, the company’s standalone net profit was expected to rise 45 per cent YoY to Rs 2,212.46 crore. ....

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Tata Motors Q3 consolidated net profit jumps 2x to Rs 7,025 crore, beats estimates

Tata Motors’ total vehicle sales across segment in the domestic & international market for Q3 stood at 234,981 vehicles, compared to 228,169 units during the year-ago period. ....

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M&M Q2 net profit rises 66.9% YoY at Rs 3,451.8 crore

M&M said the automotive segment witnessed a 22 percent YoY growth in revenues at Rs 18,405.46 crore during the quarter under review ....

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Revenue share more important for us than volume share in SUV market: M&M Automotive Division President

As Maruti Suzuki gains market share leadership, Veejay Nakra tells Moneycontrol that M&M s immediate priority is ramping up output of bestselling models, working on new products and variants, and expediting delivery of waitlisted models. ....

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Tata Motors sees latent demand for EVs in rural markets: Shailesh Chandra, MD

Going forward, like with ICE, Chandra sees 40 percent of the demand emanating from rural markets as more affordable EVs enter the fray. He feels there will be a big shift because rural India is very sensitive to the lower running costs of an EV. ....

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