Mahindra and Mahindra Ltd Q4 2019 Earnings Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Aditya S. Makharia - HDFC Securities Limited, Research Division - Analyst : Yes. This is Aditya from HDFC right behind. Yes, just a question on ridesharing. You mentioned that, that is a longer-term threat to, perhaps, car ownership. But last 2 years, data from Uber, Ola suggest that those sales have been falling. So how do you see these companies going forward?

Question: Aditya S. Makharia - HDFC Securities Limited, Research Division - Analyst : Yes, does it remain as much as a threat as perhaps what you thought it was a year or 2 ago?

Question: Aditya S. Makharia - HDFC Securities Limited, Research Division - Analyst : I mean I'm just trying to ask that does ridesharing remain as much as a threat in the medium term to car ownership as, perhaps, what you thought it would have been 2 years ago because the numbers have been falling for these companies in terms of the cars they've been buying.

Question: Aditya S. Makharia - HDFC Securities Limited, Research Division - Analyst : Yes.

Question: Aditya S. Makharia - HDFC Securities Limited, Research Division - Analyst : Car sales, increment car sales.