Domestic automobile company Mahindra & Mahindra Limited released the results of the December quarter on Friday. The company reported Rs 3,181 crore with an increase of 20 percent in the afternoon benefit (PAT) after tax. According to PTI news, the automobile company posted an integrated PAT of Rs 2,658 crore a year ago in the same period. Mahindra & Mahindra said that the revenue for the quarter under review increased by Rs 17 per cent to Rs 41,470 crore from Rs 35,299 crore in the same quarter last year.
Auto segment revenue for third quarter
According to the news, the quarterly volume in the auto segment was 2,45,000 units, which is 16 percent more than the same quarter last year, while utility (UV) volume was 1,42,000 for this quarter. The revenue of the auto segment for the third quarter of the current financial year was Rs 23,391 crore, which records an increase of 21 percent, while the integrated PAT was Rs 1,438 crore, which is 20 percent more than the same quarter of the previous year. The company said that domestic operation is performing brilliantly. It is expected that there will be speed in business, while international operations are weak, inspired by macro obstacles in international markets.
Market share and concrete performance on margin
Aneesh Shah, managing director and CEO of M&M Limited, said that our business continues to perform strong in execution. Auto and Farm performed concrete on market share and margin on the basis of concentrated execution. The change in Techm is gaining momentum. He said that Mahindra Financial Services (MMFSL) continues to balance the asset quality and development priorities, the gross phase (GS) is less than 4 percent on the strength of assets (AUMs) under strong management.
No. 1 in SUV Revenue Market Stake
In the third quarter of FY 2025, we were number 1 with a 200 BPS year-on increase in SUV revenue market share. The auto segment PBIT (Benefits before interest and taxes) has increased from 120 basis points year to year. M&M Limited Executive Director and CEO (Auto and Form Sector) Rajesh Jejurikar said that we achieved 44.2 percent highest Q3 tractor market share, which is an increase of 240 bps year after year, and form PBIT year to year It has increased to 260 bps.
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