Mahindra & Mahindra की Q2 Performance कैसी रही? Anish Shah से खास बातचीत | ETNS
ET Now Swadesh · 10 Nov 2026 · 7 min
Management interview of Mahindra & Mahindra Ltd (M&M), with 2 key numbers discussed.
- Dr. Anish Shah, MD & CEO, Mahindra & Mahindra Ltd
Mahindra & Mahindra maintained reasonable margins in Q2 despite input cost pressures, aided by price actions, operating leverage, and cost management. MD & CEO Dr. Anish Shah noted that some margin pressures may continue into Q3 before an improvement in Q4. The farm business consolidated margins remain strong due to international operations despite steel and rubber inflation. In the auto segment, the company plans to increase capacity by 27% this year from 64k to 82k units, with further expansions and land acquisitions planned before the Nagpur facility comes online.
