Cars & Utility Vehicles company Mahindra & Mahindra announced Q3FY25 results Consolidated Revenue at Rs 41,470 crore., up 17%. Consolidated PAT at Rs 3,181 crore., up 20%. YTD F25 RoE at 18.4%; EPS at 86.0 Mahindra & Mahindra reported strong operating performance across businesses in Q3FY25 with consolidated PAT of Rs 3,181 crore., up 20%. Anish Shah, Managing Director & CEO, M&M;, said: “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 TechM is gathering momentum. MMFSL continues to balance asset quality and growth priorities, with GS under 4% on the back of strong AUM growth. Our Growth Gems are demonstrating steady progress towards their long-term objectives.” Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M;, said: “The launch of our flagship Electric Origin SUVs, the BE 6 and XEV 9e set a new benchmark in global innovation. Thar ROXX won the Indian Car of the Year (ICOTY) as well as Autocar car of the year. In Q3FY25, we were No. 1 in SUV revenue market share with 200 bps YoY increase. LCV < 3.5T volume market share is at 51.9%, a gain of 230 bps. The Auto segment PBIT is up by 120 bps YoY. We achieved highest ever Q3 tractor market share at 44.2%, gain of 240 bps YoY, and farm PBIT is up by 260 bps YoY.” Amarjyoti Barua, Group Chief Financial Officer, M&M;, said: “Our Q3 consolidated results reflect strong performance across multiple businesses despite global headwinds. Our operating businesses remain laser focused on execution and we remain committed to disciplined capital allocation to drive long term shareholder value creation." Result PDF
Cars & Utility Vehicles company Mahindra & Mahindra announced H1FY25 & Q2FY25 results Financial Highlights: Tech Mahindra EBIT up 490 bps, continued focus on margin expansion. Consolidated Revenue at Rs 37,924 crore, up 10%. Consolidated PAT at Rs 3,171 crore, up 35%. H1FY25 RoE at 18.9%. Other Highlights: #1 in SUVs with revenue market share at 21.9%, up 190 bps, SUV volumes up 18% in Q2, 21% YTD Sep. #1 in LCVs <3.5T: market share at 52.3%, up 260 bps. #1 in Tractors: market share at 42.5%, up 90 bps. #1 in electric 3 wheelers: market share at 43.6%. MMFSL AUM up 20%, GS3 within range at 3.8%, end losses down to 1%. Anish Shah, Managing Director & CEO, M&M; said: “Our businesses have delivered a solid operating performance this quarter. Auto and Farm continued to strengthen market leadership by gaining market share and expanding margins. MMFSL GS3 remained under 4% (at 3.8%) and end losses have improved structurally. TechM delivered a good quarter and the long-term focus remains on reverting to past profitability. Our growth gems are progressing well on the 5x challenge.” Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M; said: “In Q2FY25, we gained market share across both our Auto and Tractor businesses. SUV volumes increased by 18% YoY, maintaining leadership in revenue market share, with an increase of 190 bps YoY on the back of two successful launches. Volume market share for LCVs <3.5T stands at 52.3%, a rise of 260 bps YoY. The auto standalone PBIT margin was 9.5%, a gain of 140 bps YoY (excl. PY gain on LMM transfer). In our tractor business, we achieved our highest-ever Q2 market share at 42.5%, with standalone margins up by 150 bps YoY.” Amarjyoti Barua, Group Chief Financial Officer, M&M; said: “While the Auto and Farm segments continue to deliver the strong performance we have come to expect of them, this quarter also reflected the strength of our Services portfolio. This has been the trend through H1FY25 and we expect it to continue for the rest of the year in line with our strategy Result PDF