M&M among top 25 automakers as profit crosses ₹10,000 cr in FY23

Mahindra & Mahindra (M&M) is now among the top 25 automakers in the world with its highest-ever net profit of ₹10,282 crore in FY23. M&M currently occupies 22nd rank in profit, placed between Japan's Yamaha Motor and Mitsubishi Motors Corporation, Bloomberg data showed. Except for Tata Motors, no other Indian automaker had ever posted an over ₹10,000 crore net profit.