- M&M distress acquisitions predominantly never paid off. Foreign acquisition losses amounted to 1102 crore in FY18 jumping to INR 5257 crore in FY 20.
- In contrast, the Farm Equipment Business which has only been funded with a mere 10% of its capital makes for 60% of its total revenue.
The logical conclusion post this observation which one draws is that rural monopoly from M&M is the prudent thing to ....
Tags : SsangYong, Mahindra & Mahindra, M&M, ROCE, Farm Equipment, Farming Industry,