Mahindra & Mahindra posts robust quarterly growth driven by SUV and tractor momentum

Mahindra & Mahindra achieved higher quarterly profit and revenue gains backed by growing SUV and tractor demand and improving rural conditions.

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Mahindra & Mahindra posts robust quarterly growth driven by SUV and tractor momentum

Mahindra & Mahindra posts robust quarterly growth driven by SUV and tractor momentum
 Mahindra recorded a strong rise in quarterly profit, reporting PAT of ₹3,673 crore, up 28% versus last year, as SUV volumes and tractor sales continued expanding. Revenue increased 22% year-on-year, supported by demand recovery from rural markets and easing supply chain constraints. Management indicated that rising bookings for new SUV models and improving farm sentiment have contributed to sustained sales strength. 
Tags:
  • autos
  • earnings