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SUVs, tractors drive M&M profit up 32%
Financial Express Lucknow
|July 31, 2025
MAHINDRA & MAHINDRA (M&M) posted a 32% year-on-year (y-o-y) surge in standalone net profit to ₹3,450 crore in the June quarter, helped by a richer product mix in the SUV category and a better average selling price in the tractor segment.
The Mumbai-based company, which makes Scorpio and Thar sports utility vehicles (SUVs) as well as Swaraj and Oja brand of tractors, beat the Bloomberg net profit estimate of ₹3,101 crore. This was the third biggest-ever quarter for the company in terms of profit.
Cette histoire est tirée de l'édition July 31, 2025 de Financial Express Lucknow.
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