• Mahindra Lifespaces growth: Gross Development Value (GDV) grew to 50,000 crores from 8,000 crores three years ago, supported by a 60% rise in GDV additions to 5.6 thousand crores and a doubling of residential pre-sales to 925 crores.
• Logistics business turnaround: The logistics arm delivered its highest-ever quarterly PAT, generating 14 crores from an M&M standpoint and 25 crores at the business level amid operational improvements and an express segment recovery.
• Truck and bus merger: Mahindra is merging its truck and bus operations with SML to realize key synergies and challenge major competitors in the commercial vehicle market.
• Aerostructures deal momentum: The aerostructures business secured $1.2 billion in total deal wins, including $621 million last year, and plans to pursue strategic acquisitions to move higher up the aerospace value chain.