M&M outpaces rivals with strong PV volume growth, margin expansion in Q2
Fri, Nov 15, 2024 12:08 PM

M&M outpaces rivals with strong PV volume growth, margin expansion in Q2

A Flip by Avya Verma
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The Indian Passenger Vehicle (PV) industry experienced a subdued September quarter, with Original Equipment Manufacturers (OEMs) reporting varied performance in terms of volume growth and margin trajectories. Mahindra & Mahindra outperformed its peers in the Indian passenger vehicle market, with an 18% year-on-year growth in volumes during the second quarter of FY25, amidst a subdued performace.

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