For the first quarter, Mahindra reported a 5.7% increase in market share for SUVs to 27.3%, buoyed by robust demand for both its ICE and electric vehicles, even as the overall sentiment in the market remains dour. The overall SUV volumes for Mahindra & Mahindra increased 22% year-over-year. On a group level, the revenue grew 22% to ₹45,529 crore, whereas the net profit rose 24% year-over-year to ₹4,083 crore.