Joined: 08/Jan/2011
Location: India
Online Status: Offline
Posts: 20
Posted: 27/Nov/2011 at 6:16pm
In Q2, there was good Volume growth in SUV sales and Tractor sales( around 25 -30 %) ,but becausing of reduced margin, the PAT growth was in single digits. Any idea, whether Mahindra has the pricing power and in Q3 , they will increase the price ? or do they have to wait for the commodity price to come down ?
Just for information. This is not a game changer event but after divorce with Renault their Product Logan (Now launch as Mahindra Verito) is clocking decent Nos.
Also there are some game changer products in Pipeline.
I am not sure of above said companies but many recent SUV's of M&M are design with the help of Korean Companies which result in successful products. But yes it's important to see that Financially it is make any sens.
Luck is what happens when preparation meets opportunity ....
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