Mahindra and Mahindra has launched the W2 variant of the XUV 300, which is only available in petrol form, starting at INR 7.99 lakh, ex-showroom, India.
The company has also introduced the W4 TurboSport variant, priced at INR 9.29 lakh and equipped with the s 1.2 L mStallion TGDi petrol engine. Previously, this powertrain was exclusive to variants from W6 onwards.
In addition, the company has enhanced the W4 variant line with a sunroof, available on both petrol and diesel models.
The company earlier announced its best-ever sales in the auto division for the April-June quarter with 186,000 units. Consolidated revenues were up 19% YoY at INR 33,892 crore, while profit after tax was INR 3,508 crore. The auto division reported a growth of 27% in revenues to INR 16,999 crore in Q1FY24, while the farm division posted revenue growth of 9% YoY to INR 9,710 crore. This was despite a fall in volumes by 3% to 114,000 units.
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