M&M

What M & M promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 29 tracked 8 delivered 1 missed 20 open
  • SUV Volume Growth FY25 delivered said Q1 FY25 Promised: Mid-to-high teens Q1 FY27: Historical promise, no new updates.
  • LCV Volume Growth FY26 went quiet said Q2 FY26 Promised: Low double digits Q1 FY27: Historical promise, no new updates.
  • Long-term EPS Growth on track said Q1 FY25 Promised: 15-20% on a longer term basis Q1 FY27: Reported EPS growth of 34% YoY, continuing to significantly outperform the long-term target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 29 tracked commitments for M & M — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens