URL copied to clipboard

Trending News

M&M Q2 Results: Profit Soars 35% to ₹3,171 Cr – Find Out Why!

Mahindra & Mahindra Q2 Results showed a 35% on-year increase in consolidated net profit to ₹3,171 crore for Q2 FY25, driven by growth in automotive earnings and expanding SUV sales.
M&M Q2 Results: Profit Soars 35% to ₹3,171 Cr – Find Out Why!

Mahindra & Mahindra Q2 Results showed a strong 35% on-year growth in consolidated net profit, reaching Rs 3,171 crore for Q2 FY25. This robust performance was driven by significant earnings growth in the automotive and services sectors, alongside expanding SUV sales boosting overall revenue and profit.

Alice Blue Image

The company reported a 10% increase in consolidated income from operations, amounting to Rs 37,924 crore. Following these results, M&M’s stock showed a positive trend, trading at Rs 2,939 on NSE, up 0.15% from the previous close, reversing earlier losses.

Also Read : JK Lakshmi Cement Q2 Results: ₹19.24 Cr Loss – Find Out Why!

The auto segment contributed notably to M&M Q2 Results, with a record 231,000 units sold and revenue rising 15% year-on-year to Rs 21,755 crore. This segment’s profit after tax (PAT) rose by 40%, reaching Rs 1,423 crore, supported by increased SUV capacity and sales.

SUV sales volumes surged 18%, pushing the market share up by 190 basis points to 21.9%. Tractor sales revived with a 4% increase to 92,382 units. However, the farm equipment segment’s international challenges led to revenue dipping to Rs 8,194 crore and flat PAT at Rs 800 crore.

The services sector also posted solid results, with consolidated revenue up 12% to Rs 9,010 crore and PAT nearly doubling to Rs 947 crore. Mahindra Finance supported this growth through a 20% increase in assets under management and improved loan quality, strengthening the segment’s performance.

Alice Blue Image

Also Read : Niva Bupa Health Insurance IPO Review

On a standalone basis, Mahindra & Mahindra’s net profit rose 13% on-year to Rs 3,841 crore, with revenue from operations increasing by 12% to Rs 28,919 crore. These results exceeded estimates from a Moneycontrol brokerage poll, which forecasted a net profit of Rs 3,452 crore and revenue of Rs 27,144 crore.

Check out our latest newsletter: US Trumped: But Will The Global Economy? What Trump’s Success Means for the Indian and Global Economy

Loading
Read More News

फार्मा स्टॉक में उछाल, ₹177 करोड़ के ब्राउनफील्ड प्रोजेक्ट के लिए कैपेक्स की घोषणा की।

फार्मा स्टॉक ने झगड़िया में ₹177 करोड़ का अपग्रेड प्लान किया है, जिससे संचालन ऑटोमेट होगा और इलेक्ट्रोलाइट एडिटिव्स सुविधा