M&M is placed No.1 in the Automobiles sector by the Dun & Bradstreet – Rolta Corporate Awards 2011 committee, which selects winners in various sectors, from a list of 500 leading companies.
The Dun & Bradstreet – Rolta Corporate Awards have an interesting pedigree and are outcome of a meticulous selection process. D&B (NYSE:DNB), is world’s leading source of global business information and possesses a massive database of over 250 million business records. Risk Management Solutions, solutions to increase cash flow and drive increased profitability, market analysis to locate new opportunities are D&B’s premium offerings.
The winners are chosen using a proprietary financial model developed by D&B. Eight financial weighted parameters for all the 500 companies, including total income, net profit, return on net worth, average market capitalization which contribute to shareholders value are analyzed. The resulting evaluation is designed to underline the critical role played by the leading Indian companies.
Winning through such a rigorous process has naturally delighted Pravin Shah who said that the award highlights M&M’s ‘long-term commitment to its stakeholders.’ Commitment to quality across the group has ensured that M&M products are trusted for not only quality but also score on the price front too.
The award is not really surprising considering that Mahindra & Mahindra Ltd has been the winner across a whole gamut of sectors, as varied as aerospace, defense, energy, retail, real estate, and has a dominant presence in the automotive sector of course.
Even within the automotive division, the diversity of products is significant ranging from Mahindra Tractors, Alfa three-wheelers, and Loadking the medium range trucks and a host of small-haulers like Geo, Genio, and Maxximo.
Bolero, Scorpio, Kyron, and XUV 500 continue to be the run-away successes in the personal vehicle category. And, with the recent addition of Reva electric cars, M&M has forayed into eco-friendly drives and today offers the right car whatever be the customers’ choice.
As such D&B – Rolta Corporate Awards 2011 is the logical conclusion of sustained performance and future expectations.