Mahindra Reports INR 31.71 Billion Net Profit For Q2 FY2025

Mahindra Group

Mumbai-headquartered automotive major Mahindra & Mahindra has announced its financial results for Q2 FY2025.

The company reported revenue of INR 379 billion, up 10 percent YoY, as against INR 344 billion last year. The net profit came at INR 31.71 billion, up 35 percent YoY, as against INR 23.48 billion a year ago.

During the period, the company witnessed its highest-ever quarterly automotive sales at 231,000 units, up 9 percent; highest SUV sales at 136,000 units. It also enhanced its monthly SUV production to 54,000 units, up 10 percent compared to end-FY2024. The automotive business reported revenue of INR  217 billion, up 15 percent YoY, and net profit at INR 14.2 billion, up 40 percent YoY respectively.

Dr. Anish Shah, Managing Director & CEO, Mahindra & Mahindra, said, “Our businesses have delivered a solid operating performance this quarter. Auto and Farm continued to strengthen market leadership by gaining market share and expanding margins. MMFSL GS3 remained under 4 percent (at 3.8 percent) and end losses have improved structurally. TechM delivered a good quarter and the long-term focus remains on reverting to past profitability. Our growth gems are progressing well on the 5x challenge.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), Mahindra & Mahindra said, “In Q2 FY2025, we gained market share across both our Auto and Tractor businesses. SUV volumes increased by 18 percent YoY, maintaining leadership in revenue market share, with an increase of 190 bps YoY on the back of two successful launches. Volume market share for LCVs < 3.5T stands at 52.3 percent, a rise of 260 bps YoY. The auto standalone PBIT margin was 9.5 percent, a gain of 140 bps YoY (excl. PY gain on LMM transfer). In our tractor business, we achieved our highest-ever Q2 market share at 42.5 percent, with standalone margins up by 150 bps YoY.”

Amarjyoti Barua, Group CFO, Mahindra & Mahindra, said, “While the Auto and Farm segments continue to deliver the strong performance we have come to expect of them, this quarter also reflected the strength of our Services portfolio. This has been the trend through H1 FY2025 and we expect it to continue for the rest of the year in line with our strategy.”

Jeep India Reintroduces Wrangler Willys 41 Limited Edition

Jeep Wrangler Willys 41 Limited Edition

Jeep India has announced the return of the Wrangler Willys 41 Limited Edition. The release follows the 2025 edition of the vehicle, which sold out within seven days. This model is inspired by the 1941 Willys MB and is limited to 41 units for the Indian market.

The limited edition is available at Jeep dealerships across India at a premium of INR 200,000 over the standard Rubicon price. The optional accessory kit is priced at INR 3,60,000.

The model is based on the Rubicon variant and includes heritage design cues such as WWII-themed graphics and ‘One of 41’ badging. It is positioned as a tribute to the brand's military origins and off-road history.

The Wrangler Willys 41 includes several hardware updates as standard:

  • Motorised Side Steps: Automated steps for cabin entry and exit.
  • Integrated Digital Video Recorder: A dash camera system for journey documentation.
  • Heritage Detailing: Specific graphics and badging throughout the exterior and interior.

Jeep has also introduced an optional accessory kit for this edition. The kit includes: Roof Carrier – a storage system with an integrated side ladder. Sunrider Roof Top – an open-air roof solution.

Kumar Priyesh, Business Head and Director – Automotive Brands, Stellantis India, said, “The Willys legacy is more than a story – it is the foundation of Jeep’s character. The Wrangler Willys 41 2.0 is our tribute to that heritage. It reflects the spirit of the original 1941 Willys MB while delivering the capability, authenticity and emotional connection that Jeep owners value deeply blending timeless Willys cues with contemporary engineering to deliver capability, exclusivity and character in equal measure.”

Nissan Motor India Announces Finance Scheme For Magnite

Nissan Motor India

Nissan Motor India (NMIPL) has launched a retail finance scheme for the Nissan Magnite through Nissan Renault Financial Services India (NRFSI). The offer is available for vehicle bookings made until the end of March 2026.

The scheme provides a rate of interest (ROI) starting at 5.55 percent for customers with a CIBIL score. It includes options for 100 percent on-road funding, which covers the vehicle cost, registration, insurance and associated charges.

The programme is designed to provide repayment flexibility with loan tenures extending up to seven years. NRFSI has structured the product to include specific facilities for borrowers:

Foreclosure: Zero charges for closing the loan after 24 months.

Payments: Provision for part-payment of the loan amount.

Processing: A digital loan process, excluding KYC and RTO documentation.

Support: Access to a 24x7 WhatsApp chatbot and dedicated customer care.

The finance package includes additional incentives valued up to INR 22,000 for customers choosing NRFSI. Existing Nissan customers are eligible for loyalty benefits and add-on advantages when opting for this finance route.

The 5.55 percent ROI is applicable for a loan amount of INR 500,000, which Nissan states provides an EMI advantage compared to rates currently offered by commercial banks.

Tata Motors Launches New Punch.ev At INR 969,000

Tata Punch.ev

TATA.ev has launched the new Punch.ev in India, positioned to accelerate the transition to electric mobility in the entry-level segment with prices starting INR 969,000 (ex-showroom, Mumbai) for the 30 kWh battery variant, while the 40 kWh variant can be had at INR 1.08 million.

Furthermore, the company has also marked the introduction of Battery-as-a-Service (BaaS) financing model, which lowers the initial purchase price to INR 649,000, supplemented by a battery EMI of INR 2.6 per kilometre.

The Punch.ev is built on the acti.ev architecture and offers two battery configurations to address varying range requirements:

  • Long Range: Features a 40 kWh LFP prismatic cell battery pack. It delivers a real-world range of approximately 355 km and an ARAI-certified range of 468 km.
  • Standard Range: Includes a 30 kWh battery pack option for city-focused use.

The EV supports express charging, allowing the battery to transition from 20 percent to 80 percent in 26 minutes. A 15-minute charge can provide 135 km of real-world range.

TATA.ev has established a network of over 230,000 charging points across 1,500 cities. This includes a ‘.ev Verified’ network of 2,500 fast chargers and 130 hubs on 80 highways. The company plans to expand its highway charging presence to 800 points by the March 2026.

To support first-time buyers, TATA.ev has introduced a lifetime warranty on the high-voltage (HV) battery, covering unlimited kilometres. This measure is intended to address concerns regarding battery longevity and maintenance costs.

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility, said, “The new Punch.ev, makes electric mobility truly accessible, practical and worry free for every household. With a real-world range of around 355 km, fast charging capability, a lifetime HV battery warranty and a highly accessible price point, it resolves the core concerns that have thus far held customers back from choosing an entry level EV as their primary car. By bringing together everything customers seek in their preferred car for both daily and long-distance travel, the new Punch.ev marks a significant leap forward in the democratisation of electric mobility in India.”

The Punch.ev can be had in three versions: Smart, Adventure and Empowered.

Volkswagen India Launches Tayron R-Line SUV At INR 4.69 Million

Tayron R-Line

Volkswagen Passenger Cars India has launched the Tayron R-Line SUV at an introductory price of INR 4.69 million (ex-showroom).

The Tayron R-Line features R-Line styling and is manufactured using the brand's design DNA and is part of the company’s strategy to expand its portfolio in the premium segment in India.

The SUV is powered by a 2.0-litre TSI EA888 evo4 engine, producing 204 PS and 320 Nm of torque. It comes with a 7-speed DSG transmission and the 4MOTION All-Wheel Drive (AWD) system, which allows drivers to select from six driving profiles.

In terms of dimensions, it is 4792 mm in length, 1866 mm width and 1665 mm height. The wheelbase is 2789 mm features 19-inch Coventry alloys. On the inside, it gets a 38.1 cm infotainment screen and a 26.03 cm digital cockpit. The front seats feature 12-way electric adjustment with memory, ventilation, heating and an 8-mode massage function.

The Tayron R-Line features IQ Light with HD Matrix LED headlamps and illuminated front and rear logos. It is equipped with 11-speaker Harman Kardon sound system with 700 watts output, dual 45W USB-C ports and wireless charging for two devices. Augmented Reality (AR) head-up display and gesture-controlled tailgate.

In terms of safety, the Tayron R-Line is equipped with Level 2 ADAS featuring 14 functions. Standard safety equipment includes 9 airbags, Electronic Stability Control, and Hill Ascent and Descent control.

Nitin Kohli, Brand Director, Volkswagen Passenger Cars India, said, “The Tayron R-Line embodies our vision of aspirational premium cars that add meaningful value to customer lives. It is designed for those who value performance as much as luxury, and who seek a vehicle that reflects their progressive mindset. With the Tayron R-Line, we are reinforcing our commitment to bringing globally admired, performance-led products that elevate the brand’s presence in India.”

The Tayron R-Line SUV can be had in seven colour options: Dolphin Grey Metallic, Oyster Silver Metallic, Ultraviolet Metallic, Cipressino-Green Metallic, Nightshade Blue Metallic, Grenadilla Black Metallic and Oryx White Mother-of-Pearl Effect.