Mahindra’s ‘bull run’ leads to biggest ever jump in annual pay for top executives
Mahindra & Mahindra Ltd, sports vehicle (SUV) sales and a slow increase in the price of a slowdown car market thanks to a solid increase in MY25’teki reported the largest year -old jump.
According to the company’s last -year report, the total wage for senior executives increased significantly from a 44% increase in the previous year.
Rajesh Jejurikar, Executive Director and CEO of the company (Automobile and Farm Sector), saw the biggest leap of the annual fee, including the use of stock ownership plans (ESOPS) working at 99%. Anish Shah, General Manager and CEO of Mahindra Group, saw that the annual wage increased by 95%.
According to a person who was directly aware of the issue, the increase in the annual wage of senior executives was largely due to the good performance of the company’s shares, as the administrator personnel had ESOPs.
In the last five years, Mahindra’s stock price has increased over five times, Nifty Auto saw a three -storey leap. Analysts link the strong performance of the company’s shares to an increase in sales behind their products that find products.
“This is given at a much lower value in the previous years,” This reflects the value of the annual report at the current price. Therefore, the increase in stock price causes an increase in administrative compensation. ” He said.
Lock Inferences
- Mahindra and Mahindra have seen an increase of 84% in the wage of the largest managers.
- CEO Rajesh Jejurikar’s share was 99%and Group CEO Anish Shah’s 95%, the company’s share price increased by 5 times in five years.
- Mahindra’s strong SUV sales grew 20% by performing better than competitors such as Hyundai and Tata Motors, which decreased by 3%.
- Non -executive personnel, 25% of the financial financial salary hike, fell from 14% to 24.
- Analysts Mahindra’s SUV portfolio and a stable demand for strong investor sensation and stock performance.
Mahindra and Mahindra Ltd were sent to LTD until the press time was unanswered.
In the annual report, the company announced that the fee of the management personnel depends on various factors other than the use of stock options.
“The annual report of the company,” General Manager and General Manager’s fee, the performance of the company, inflation, dominant industrial trends and criteria were decided. ” He said.
Mahindra continues the SUV wave
The average salaries of employees other than managerial personnel increased by 10% in the last financial year and increased by 14% in 24 financial years.
“Mahindra has been performing better among all automobile companies for a while. This gives confidence to investors. The SUV portfolio and the affinity of the market to such products help the company to attract investors.”
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Mahindra and Mahindra increased by 20% in FY25. His closest competitors Hyundai Motor India Andtata Motors, both in the last financial year sales of 598,666 units and 556.263 has seen.
M&M has continued to grow in sales in the current financial financial year, and a 22% leap in sales from April to June is 152.067.
CEO, Mahindra and Mahindra said, “In June, 47,306 SUV sales, 18% growth, 18% growth and a total of 78,969 units, we achieved 14% growth compared to the same month last year.
In the first quarter, Mahindra became the second largest car manufacturer in terms of sales, competitors Hyundai Motor India and Tata Motors were behind.
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On Tuesday, Mahindra’s share price decreased by 0.23% compared to a 0.2% decrease in Nifty Auto.
