M&M Q3 result: Profit jumps 20% YoY to ₹3,181 crore; revenue rises 18%
Mahindra & Mahindra reported a consolidated net profit of ₹3,180.58 crore for Q3FY25, up 19.64% YoY. Revenue rose 17.74% to ₹41,464.98 crore, driven by strong performances in auto and farm segments. Tech Mahindra also improved EBIT by 480 bps.
M&M Q3 result: Mahindra & Mahindra (M&M) on Friday, February 7, reported a decent rise in its consolidated net profit and revenue for the December quarter of the current financial year (Q3FY25). The conglomerate reported a consolidated profit of ₹3,180.58 crore, up 19.64 per cent year-on-year (YoY) from ₹2,658.40 crore reported in the same quarter last year. Revenue from operations rose 17.74 per cent YoY to ₹41,464.98 crore in Q3FY25 from ₹35,218.32 crore in Q3FY24.
M&M Q3 scorecard
In an exchange filing, Mahindra and Mahindra said its auto and farm segments continue to deliver on growth and margins, with profits rising 16 per cent. Financial services assets under management (AUM) grew at 19 per cent. Tech Mahindra achieved good traction in deal wins and saw an EBIT improvement of 480 bps, the company said.
The auto segment's consolidated revenue rose 21 per cent to ₹23,391 crore, whereas PAT increased 20 per cent to ₹1,438 crore. Volumes during the quarter rose 16 per cent to 2,45,000.
M&M said its farm segment saw the highest-ever Q3 market share at 44.2 per cent. Volumes of the segment rose 20 per cent to 1,21,000.
Consolidated revenue for the segment increased 11 per cent to ₹9,537 crore, while PAT also rose 11 per cent to ₹996 crore.
In the services segment, Mahindra & Mahindra Financial Services' AUM increased 19 per cent and standalone PAT jumped 63 per cent.
“Our businesses continue to demonstrate strength in execution. Auto and farm delivered solid performance on market share and margins on the back of focused execution. The transformation at Tech Mahindra is gathering momentum," said Anish Shah, Managing Director & CEO, M&M.
"In Q3F25, we were number 1 in SUV revenue market share with a 200 bps YoY increase. LCV < 3.5T volume market share is at 51.9 per cent, a gain of 230 bps. The auto segment PBIT is up by 120 bps YoY. We achieved the highest ever Q3 tractor market share at 44.2 per cent, a gain of 240 bps YoY, and farm PBIT is up by 260 bps YoY," said Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M.
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