EquityWireM&M Jan-Mar net profit rises nearly 22% on year to INR 24.37 bln
M&M Jan-Mar net profit rises nearly 22% on year to INR 24.37 bln
This story was originally published at 12:05 IST on 5 May 2025
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MUMBAI – Mahindra & Mahindra Ltd.'s net profit for the quarter ended March was INR 24.37 billion, up nearly 22% from INR 20.00 billion a year ago but short of analysts' expectations of INR 24.70 billion. The automobile major's revenue for the quarter was INR 316.09 billion, up 24.3% from INR 254.34 billion a year ago.
* M&M Jan-Mar net profit INR 24.37 bln vs INR 20.00 bln year ago
* Analysts saw M&M Jan-Mar net profit INR 24.70 bln
* M&M Jan-Mar revenue INR 316.09 bln vs INR 254.34 bln year ago
* M&M to pay INR 25.30 per share dividend
* M&M FY25 net profit INR 118.55 bln vs INR 106.42 bln year ago
* M&M FY25 revenue INR 1.186 tln vs INR 1.013 tln year ago
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