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mahindra and mahindra limited

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The firm saw an 18% rise in passenger vehicle sales.(Reuters)

Write-offs weigh on M&M profit despite strong revenue

By Malayaban Ghosh, Hindustan Times, New Delhi
PUBLISHED ON MAY 29, 2021 07:37 AM IST
  • Mahindra and Mahindra (M&M)'s profit before exceptional items stood at 1,002 crore compared with just 323 crore a year earlier, with tractor sales reporting robust growth in the rural market.
The cuts come as Mahindra reviews its businesses in a drive to conserve capital and retain only those that make money.(Reuters File Photo )
The cuts come as Mahindra reviews its businesses in a drive to conserve capital and retain only those that make money.(Reuters File Photo )

Indian automaker Mahindra cuts over half of North America workforce: Report

Reuters |
PUBLISHED ON JAN 13, 2021 02:57 PM IST
One of the sources said "hundreds of workers" had been laid off since mid-2020 as part of a restructuring
Anand Mahindra, Executive Chairman of Mahindra and Mahindra Limited, on being asked to cook, posted a photo of a man ironing a chapati.(Reuters image)
Anand Mahindra, Executive Chairman of Mahindra and Mahindra Limited, on being asked to cook, posted a photo of a man ironing a chapati.(Reuters image)

Asked to cook by wife, Mahindra’s reply leaves netizens in splits

Mumbai | By Indo Asian News Service
UPDATED ON JUL 30, 2019 07:01 AM IST
Anand Mahindra posted a photo of a man ironing chapati on Twitter, trying to convince his wife that he is not a person fit for the task of cooking.
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