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M&M Q2FY25 results: PAT up 35% at Rs 3,171 crore on strong auto sales

Business Standard LogoBusiness Standard4h ago

M&M Q2FY25 results: PAT up 35% at Rs 3,171 crore on strong auto sales - Business Standard

Quick Summary:

For the first half of the year, M&M reported a PAT of Rs 6,453 crore, up 10 per cent, and revenue of Rs 75,141 crore, up 10 per cent.

Mahindra Lifespaces’ residential pre-sales were Rs 397 crore, down 13 per cent; Club Mahindra’s total income stood at Rs 371 crore, up 12 per cent; and Mahindra Logistics reported revenue of Rs 1,521 crore, up 11 per cent.

The tractor market share came in at 42.5 per cent, up 90 basis points.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 15:38:47 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 918 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23460132

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 305 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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