M&M flags Tier-2 labour shortages denting auto supplies; demand stays strong, recovery seen by month-end
Mahindra & Mahindra reported May total sales up 20% YoY to 99,636 units and Q4FY26 net profit up 53% to Rs 3,737 crore on Rs 39,601 crore revenue. Management flagged Tier-2 supplier labour shortages crimping some auto supplies but expects normalisation soon as demand holds firm. Tractors clocked 49,695 units with 23% domestic growth.
Mahindra flags Tier-2 supplier labour shortages denting auto supplies; expects normalisation by month-end as May sales rise 20% to 99,636 units.
NDTV Profit · 6/1/2026, 12:48:04 PM · Ask about this →