Mahindra Mahindra Ltd (M&M)
General Updates
Mahindra Group announces dedicated strategic focus on Holidays and Lifespaces sectors to accelerate growth and realize synergies.
- Mahindra Lifespaces grew residential pre-sales 5X since FY20 to ~3500 Cr; GDV rose from 8K Cr to 50K Cr in 3 years
- Hospitality business has 3 lakh vacation ownership members and added 1700+ rooms; launched Mahindra Signature Resorts luxury brand
- Amit Kumar Sinha, current MD & CEO of Mahindra Lifespace Developers, to become CEO-Holidays and Lifespaces Sector after new MLDL CEO appointment
- Leadership and reporting aligned under new sector structure
- Group CEO Anish Shah highlights potential and synergy focus for these Growth Gems
Source: Original filing PDF
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🚨 M&M — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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