Mahindra & Mahindra (M&M) reported a 19 per cent increase in net profit for Q3FY25, reaching Rs 2,964 crore, compared to Rs 2,490 crore in the same period last year. The strong profit growth was driven by higher sales volumes, improved product mix, and operational efficiencies.
The company’s revenue from operations surged 20 per cent year-on-year to Rs 30,538 crore in the December quarter, up from Rs 25,383 crore in Q3FY24. The strong revenue growth reflects the sustained demand for its SUVs and tractors, coupled with a favourable pricing strategy.
Stock reaction
Following the results, M&M shares were trading nearly 2 per cent higher at Rs 3,206.30 on the NSE at 1:30 pm, reflecting investor optimism about the company’s growth prospects. The stock touched an intraday high of Rs 3,219.95 and a low of Rs 3,119.05.
Auto segment drives growth
The auto segment continued to be a major contributor to the company’s performance, with strong demand for the Thar, Scorpio-N, and XUV700 models. The farm equipment sector also posted steady growth, supported by healthy tractor sales.
Margin expansion and outlook
M&M maintained healthy margins in Q3, benefiting from cost-control measures and a strong pricing strategy. Looking ahead, the company remains optimistic about demand in the automotive and farm equipment segments, backed by new launches and favourable macroeconomic conditions.
Commenting on the results, Anish Shah, Managing Director and CEO of M&M, said, “Our strong performance in Q3 reflects the success of our customer-centric approach, innovative product portfolio, and operational efficiency. We remain committed to delivering sustainable growth across our business segments.”
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