Anish Shah
Group CEO and Managing Director
Promise Delivery Record
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
Mahindra & Mahindra · Q4 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q3 FY26The current-quarter record did not contain enough evidence of delivery; the item remains delayed for follow-up.
Mahindra & Mahindra · Q3 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY26Current-quarter commentary contains related evidence, but delivery is not conclusive enough for a clean met verdict.
Mahindra & Mahindra · Q2 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q3 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q1 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q4 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q4 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q3 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q3 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Mahindra & Mahindra · Q2 FY24Notable Quotes
The results are what I would at least consider as among the best that we've delivered.
We are not looking at short-term actions to meet that number. That's a number that's what we believe our underlying growth rate should be.
The economy is accelerating. We continue to believe that the industry will accelerate. I've gone on record saying, we would look at an 8%-10% growth over the next 20 years.
I'm delighted to announce results for this quarter. And as many of you know me well through many, many quarters, I don't think you've heard the word 'delighted' from me so far as yet.
Consolidated profit after tax is up 24 and ROE is north of 20% for the first time, 20.6%.
This is one quarter where we've seen all our businesses come together.
Services businesses have contributed more to M&M's profits than a tractor business has in this quarter.
We have a quarter again with a strong operating performance, which is a common theme. We hope to keep it that way.
We are still at 5%, but the arrow looks upward.
We've delivered what we committed and, in fact, much more, as you will see.
EV is the endgame. Hybrids can be something that's in between, and if the consumer wants more hybrid, then we will be ready for that.
We see hybrid essentially as an extension of ICE. We felt that EV was a better place to be because that is a technology for the future.