SUVs, tractors, finance, holidays
Mahindra group
In Q1 FY27, all 3 Mahindra group businesses that state revenue growth grew it: Mahindra Lifespace Developers +70%, Mahindra & Mahindra +23% and Mahindra Finance +14.6%.
Next: Mahindra & Mahindra's Q2 FY27 results, expected 5 Nov.
Revenue growth by business
Figures as each company's report states them; ↗ opens the report. Only the same period is compared.
Each point is a figure its report states; tap a point to open the report.
What moved, biggest first
September's 26.7% category growth gives Mahindra and Maruti Suzuki a strong volume read-through, as Ertiga's 39.6% rise outpaced the segment and Scorpio kept the top spot, while Bolero's 253.5% jump to 9,710 units adds upside for Mahindra.
Reported: Mahindra Scorpio leads India's 6- and 7-seater car segment in September as category sales rise 26.7% to 91,400 units. Mahindra Scorpio led with 17,313 units, just ahead of Maruti Suzuki Ertiga at 16,911 units (up 39.6%). Mahindra Bolero rose 253.5% to 9,710 units, and Toyota Rumion grew 199.3%.
Times Now Auto
The secured 1,095-day issue at a 7.95% fixed coupon provides funding visibility, while keeping attention on borrowing costs, loan-receivable collateral quality and deployment returns.
Reported: Mahindra Finance has approved a secured, listed private placement of non-convertible debentures worth up to ₹2,000 crore, including a ₹1,000 crore greenshoe option. The 1,095-day issue carries a fixed 7.95% annual coupon and is backed by loan receivables and other assets.
CNBC-TV18
Mahindra Manulife is consolidating marketing and customer leadership to use AI and stronger engagement as levers for building a differentiated India insurance franchise.
Reported: Mahindra Manulife Life Insurance names Ruchika Malhan Varma as marketing and customer chief
The Hindu BusinessLine
Mahindra's AI agents have booked more than 91,000 test drives and 85% of 2,600 workshop staff use AI assistants, so dealers and service chiefs now have a working benchmark for automating lead-to-drive booking and workshop support.
Reported: Mahindra says AI agents booked more than 91,000 test drives, and 2,600 workshop staff use AI assistants at 85% adoption.
Storyboard18
The refreshed Thar reinforces Mahindra’s defensible lifestyle-SUV positioning and highlights the strategic value of differentiated off-road brands, modular upgrade paths and price-accessible premiumisation.
Reported: Mahindra Thar OG holds ₹10.32 lakh entry price while adding updates
3 reports from Business Today
Mahindra’s Thar OG refresh reinforces a performance-and-adventure positioning that can help dealers stimulate showroom traffic and accessory-led sales among off-road SUV buyers.
Reported: Business Today's Drive Today spotlights the new Mahindra Thar OG, positioning the SUV around higher power output and upgraded off-road performance.
Business Today
Scorpio N’s ₹48,000–₹55,000 estimated monthly ownership burden makes finance-led conversion, lower-EMI variants and dealer-level loan partnerships critical to sustaining demand in Delhi.
Reported: A buyer-finance guide estimates Delhi on-road pricing, down payments and five-year EMIs for Mahindra Scorpio N petrol, diesel, manual, automatic and 4WD variants. It flags a roughly ₹48,000–₹55,000 monthly ownership outlay when EMI and running costs are combined.
Business Today
Key numbers, latest reported season
| Business | Period | Revenue growth | Net profit |
|---|---|---|---|
| Mahindra Lifespace Developers | Q1 FY27 | +70% | +67% |
| Mahindra & Mahindra | Q1 FY27 | +23% | +6.8% |
| Mahindra Finance | Q1 FY27 | +14.6% | +70% |
Year on year, as each business's own reports state it; each figure links to its report. Net profit growth, or the loss.
Businesses and brands
Mahindra & Mahindra 153 reports in 90 days
Mahindra Thar 7 reports in 90 days
Mahindra Finance 6 reports in 90 days
Mahindra Last Mile Mobility 6 reports in 90 days
Mahindra Truck and Bus 6 reports in 90 days
Mahindra Lifespace Developers 4 reports in 90 days
Mahindra Holidays & Resorts India 3 reports in 90 days
Mahindra Racing 2 reports in 90 days
Mahindra Automotive 1 report in 90 days
Mahindra Lifespaces 1 report in 90 days
Mahindra Logistics 1 report in 90 days
Mahindra Manulife Life Insurance 1 report in 90 days
Mahindra Scorpio 1 report in 90 days
Mahindra Scorpio Classic 1 report in 90 days
Mahindra Scorpio N 1 report in 90 days
Mahindra XEV 9e 1 report in 90 days
Group level: Mahindra Group.
Who owns what: mahindra.com, the group's own site, and the companies' filings. Brands with no reports in the last 90 days are not listed.