Cars & Utility Vehicles company Mahindra & Mahindra declares Q3FY22 result: M&M; Q3 PAT after El at Rs 1,353 crores up 155% Consolidated PAT after El at Rs 1,987 crores up 57% XUV 700 launch —overwhelming response: 100,000’- bookings in 4 months Auto business continues to register strong booking pipeline for its key models Strong Auto export volume — 58.3% growth YQY Farm Equipment Sector (FES) Tractors Market Share in 03 F22 at 39.4% up 1,4% YDY Farm export volume highest ever in YTD Dec, up 77.4% Farm Subsidiaries recorded 6th consecutive quarter of Positive PBIT Highest ever quarterly billing for EV 3 wheelers, up 170.2% YDY Commodity inflation, shortage of semi-conductors impacting operating margin which stands at 11.9% Continued growth in exports both for Auto and Farm Improved group company performances at Mahindra Finance and Mahindra Lifespaces Dr. Anish Shah, Managing Director & CEO, M&M; Ltd, said, “We have seen improved performance across multiple businesses as reflected in our consolidated performance. Our Auto business has done well despite supply side challenges while our Farm business has shown market share increase despite a slowdown in the market.” Mr. Rajesh Jejurikar, Executive Director, M&M; Ltd, said, “Demand for the entire automotive product portfolio remains strong. The order book for XUV 700 and Thar reflects the customer and market success of these new launches. With better availability of semi-conductors, we hope to build the volume growth momentum in 04 F22 in our journey to being No 1 in core SUVs. FES gained 140 basis points market share VOY in Q3 F22 and delivered robust financial metrics despite market slowdown and steep commodity inflation” Result PDF