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Indian Firms Pursue Energy Efficiency Boost With EP100 Initiative

Indian Firms Pursue Energy Efficiency Boost With EP100 Initiative
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M&M logs Rs 2,773.73 crore PAT for Q1

Automotive major Mahindra & Mahindra Ltd (M&M) on Friday said it closed the first quarter of FY24 with a net profit of Rs 2,773.73 crore.The company also announced the merger of its three wholly-owned subsidiaries with itself.In a ...

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M&M Merger: M&M board approves merger of three subsidiary companies, ET Auto

M&M Merger: Mahindra & Mahindra (M&M) board approved the merger of three of its subsidiaries - Mahindra Heavy Engines Ltd (MHEL), Mahindra Two Wheelers Ltd (MTWL) and Mahindra Tsubaki Conveyor Systems Ltd (MT CSL) - with the company. Upon the merger becoming effective, no shares of the company will be allotted in lieu or exchange of the holding of the company in the three subsidiaries.

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M&M Logs Rs 2,773.73 Crore PAT For Q1

According to M&M, Mahindra Heavy Engines is currently engaged in manufacturing and sales of engines and other auto components for vehicles and genset applications.

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M&M Q1 net profit surges 60% to ₹3,508 crore

M&M Q1 net profit surges 60% to ₹3,508 crore
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