India's Mahindra & Mahindra posts first quarter profit rise
30/07/2026 08:31
India's Mahindra & Mahindra posts first quarter profit rise July 30 (Reuters) - Indian automaker Mahindra & Mahindra MAHM.NS reported a rise in first-quarter profit on Thursday, as strong demand for its high-margin sport-utility vehicles helped cushion the impact from the Middle East war.
The maker of the Scorpio and Thar SUVs posted a standalone profit after tax of 36.85 billion rupees ($385.10 million) for the quarter ended June 30, compared with 34.50 billion rupees a year earlier.
($1 = 95.6900 Indian rupees)
(Reporting by Kashish Tandon and Saikeerthi in Bengaluru; Editing by Harikrishnan Nair)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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