M&M Q3 Net Profit Jumps 33% to ₹3,931 Crore, Revenue Crosses ₹50,000 Crore Mark

• Mahindra and Mahindra Ltd. (M&M) reported a 32.6% increase in standalone net profit to ₹3,931 crore for Q3, slightly exceeding Street expectations.
• Standalone revenue from operations rose 26% to ₹38,517 crore, while consolidated revenue grew 24.4% to ₹51,580 crore, marking a first for M&M.
• Auto segment revenue climbed 27% YoY to ₹28,361 crore, and Farm Equipment segment revenue increased 25% YoY to ₹10,200 crore.
• M&M maintained leadership in SUVs (24.1% market share), LCVs (51.9% market share), and tractors (44% market share).
• The company leads the electric three-wheeler segment with a 38.6% market share and sold over 41,000 EVs in the past 10 months.