M&M Q3 outcome: Mahindra & Mahindra (M&M) on Friday, February 7, reported an honest rise in its consolidated web revenue and income for the December quarter of the present monetary yr (Q3FY25). The conglomerate reported a consolidated revenue of ₹3,180.58 crore, up 19.64 per cent year-on-year (YoY) from ₹2,658.40 crore reported in the identical quarter final yr. Income from operations rose 17.74 per cent YoY to ₹41,464.98 crore in Q3FY25 from ₹35,218.32 crore in Q3FY24.
In an alternate submitting, the corporate stated its auto and farm segments proceed to ship on development and margins with income rising 16 per cent. Monetary companies belongings underneath administration (AUM) grew at 19 per cent. Tech Mahindra achieved good traction in deal wins and noticed an EBIT enchancment of 480 bps, the corporate stated.
The auto phase’s consolidated income rose 21 per cent to ₹23,391 crore, whereas PAT elevated 20 per cent to ₹1,438 crore. Volumes through the quarter rose 16 per cent to 2,45,000.
