Mahindra And Mahindra Profit For Q3: "We had a strong quarter for both Auto and Farm businesses. We were number one in SUVs in Q3 while further improving our auto standalone PBIT margins. We increased tractor market share even as the Tractor industry contracted on the back of last year’s high base, weather vagaries, and lower reservoir levels," said Rajesh Jejurikar, Executive Director and CEO (Auto and Farm Sector), M&M.
M&M Q3 Results: Total income from operations rose 16% YoY to Rs 25,642 crore, compared with Rs 22,113 crore in the same period last year. M&M reported an EBITDA of Rs 3,590 crore in the third quarter, which is up 10% from Rs 3,273 crore posted in the corresponding quarter of the previous year.