M&M Q3 Net Profit Soars 47% to ₹4,675 Crore, Revenue Jumps 26%

• Mahindra & Mahindra reported a 47% year-on-year increase in consolidated net profit to ₹4,675 crore for the December quarter.
• Revenue from operations surged by 26% to ₹52,100 crore, driven by strong performance in automotive and farm segments.
• Automotive segment revenue grew 30% to ₹30,370 crore, with 3.02 lakh vehicles sold, a 23% increase.
• Farm Equipment segment revenue rose 21% to ₹11,501 crore, with tractor sales up 23% to 1.50 lakh units.
• Services segment revenue increased 21% to ₹11,636 crore, and net profit doubled; Mahindra Finance's net profit grew 97%.