Mahindra & Mahindra (M&M) has reported a robust performance for the second quarter of FY25, with its consolidated net profit surging 35% year-on-year to ₹3,171 crore. This significant growth is primarily driven by strong earnings in its automotive and services segments.
Consolidated Net Profit: Up 35% YoY to ₹3,171 crore
Consolidated Revenue from Operations: Up 10% YoY to ₹37,689 crore
Automotive Segment:
Record sales volumes in SUVs
Expanding market share
Farm Equipment Segment:
Steady growth in tractor volumes
Services Segment:
Strong performance from Mahindra Finance and Tech Mahindra