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Auto stock jumps after it announces19% QoQ increase in net profits

Auto stock posted a 19% YoY profit rise to ₹2,964 crore in Q3FY25. Revenue grew 20% to ₹30,538 crore, driven by strong SUV & tractor demand, boosting investor confidence.
Auto stock posted a 19% YoY profit rise to ₹2,964 crore in Q3FY25. Revenue grew 20% to ₹30,538 crore
Auto stock posted a 19% YoY profit rise to ₹2,964 crore in Q3FY25. Revenue grew 20% to ₹30,538 crore

Introduction:

Auto stock reported a 19% YoY rise in net profit to ₹2,964 crore in Q3FY25, driven by strong SUV and tractor demand. Revenue grew 20% to ₹30,538 crore, boosting investor confidence as shares rose 2%, reflecting robust market performance and expansion.

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Share Price movement of Mahindra & Mahindra:

On February 7, 2025, Mahindra & Mahindra Ltd opened at ₹3,168.00, the stock’s high of ₹3,219.95 represents a 2.55% increase from its previous close of ₹3,139.95. ​and a low of ₹3,110.00. Currently it is trading at ₹3,197.75, up 1.86%, with a market cap of ₹3,90,107.43 crore.

Mahindra & Mahindra Q3 Results:

Mahindra & Mahindra Ltd reported a 19% YoY rise in net profit to ₹2,964 crore for Q3FY25, compared to ₹2,490 crore in the same period last year. Strong demand for its SUVs and tractors significantly contributed to the company’s profitability growth.  

Revenue from operations surged 20% YoY, reaching ₹30,538 crore in Q3FY25, up from ₹25,383 crore in Q3FY24. The company’s consistent sales performance in the auto and agriculture segments strengthened its financial standing, reflecting robust market demand and business expansion.  

Shares of Mahindra & Mahindra rose 2% following the results, highlighting positive investor sentiment. The company’s performance underscores its leadership in the SUV market, with models like ‘Scorpio’ driving strong sales, further solidifying its position in the Indian automobile industry.

Also Read: EV stock jumps 4% after it reports ₹382.44 Cr profit against loss of ₹621.6 Cr in previous qtr

Recent news About Mahindra & Mahindra :

In December 2024, Mahindra & Mahindra decided to rename its latest electric vehicle from “BE 6e” to “BE 6” after a trademark dispute with IndiGo, India’s leading airline. IndiGo had filed a lawsuit alleging that the use of “6E” in the car’s branding infringed upon its established brand identifier. Mahindra stated that while it found the claim baseless, it chose to rename the vehicle to avoid conflict.

Stock performance of Mahindra & Mahindra for Period of 1 week, 6 months and 1 year:

Mahindra & Mahindra’s stock gained 5.02% over the past week, reflecting positive momentum. Over six months, it rose by 14.2%, indicating steady growth. In the last year, the stock surged 86.2%, showcasing strong long-term performance driven by robust demand and business expansion.

Also Read: IT stock jumps after it receives order from Maharashtra State Electricity Transmission Company

Shareholding pattern of Mahindra & Mahindra:

All values in %Dec-24Sep-24Jun-24
Promoters18.4818.5418.56
FII38.9241.1841.9
DII29.2227.0426.18
Retail & others13.3613.213.37
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About Mahindra & Mahindra:

Mahindra & Mahindra (NSE: M&M) is a leading Indian multinational automotive and farm equipment manufacturer. Renowned for SUVs, tractors, and electric vehicles, it has a strong market presence. The company focuses on innovation, sustainability, and global expansion, driving growth in the automobile and agricultural sectors.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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