Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Will EVs Speed Up M&M's Growth?
Mint Bangalore
|February 10, 2025
Racing ahead Uneven road
Mahindra & Mahindra Ltd's (M&M) shares have gained as much as 86% in the past one year on strong outlook and are now hovering near their 52-week highs of ₹3,270.55 seen on Tuesday. While the December quarter (Q3FY25) results announced on Friday are strong, they are on expected lines.
Standalone Ebitda grew 38% year-on-year to ₹4,500 crore, comparing favorably with the 24% growth seen in the half-year ended September (HIFY25). Profitability was driven by margin improvements across auto and farm equipment segments. Better realization and higher volumes meant Ebitda per unit grew 17% to ₹1,32,000.
M&M's revenue was up 21% last quarter to ₹30,500 crore. Auto segment revenue grew 21%, higher than volume growth of 16%, helping the company improve its Ebit margin by 120 basis points (bps) to 9.7%.
Cette histoire est tirée de l'édition February 10, 2025 de Mint Bangalore.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Bangalore
Mint Bangalore
Advent exits Aditya Birla Cap, nets 2.5x
US private equity firm Advent International Corp. on Wednesday sold its entire 2% stake in Aditya Birla Capital Ltd (ABCL) via a block deal, raising about ₹1,638-1,640 crore.
1 mins
October 30, 2025
Mint Bangalore
MARKETS LOOK TOPPY, GOLD LOOKS TIRED—HERE'S HOW TO STAY INVESTED SMARTLY
Market chatter has turned cautious, with many experts warning that a correction in equities and gold may be around the corner. Such alerts deserve attention—but not alarm. After all, timing the market is nearly impossible.
3 mins
October 30, 2025
Mint Bangalore
Is PoA valid to sell a property if owner loses mental capacity?
Six months ago, my father gave me a registered power of attorney (PoA) to sell his property. He slipped into a coma last month. Can I still sell it under that PoA? —Name withheld on request
2 mins
October 30, 2025
Mint Bangalore
India, EU to push trade talks on steel, carbon tax issues
India and the European Union (EU) have agreed to continue discussions on issues pertaining to steel, auto, and carbon tax, as these areas carry higher sensitivities, under the proposed free trade agreement, the commerce ministry said on Wednesday.
1 mins
October 30, 2025
Mint Bangalore
Varun Beverages surges 9% on Carlsberg deal despite weak Q2
Shares of PepsiCo bottler Varun Beverages surged over 9% on Wednesday after the company announced an exclusive distribution partnership with Carlsberg Breweries for select southern African markets.
1 mins
October 30, 2025
Mint Bangalore
Follow your nose down the bylanes of history
‘The Secret Power of Scent’ takes visitors on a 1,000-year journey
2 mins
October 30, 2025
Mint Bangalore
'Akasa will look at IPO in next 2-5 yrs'
Akasa Air will look at an initial public offering (IPO) in the next two to five years, its founder and chief executive officer Vinay Dube said on Wednesday and asserted that the airline will not chase “growth for the sake of growth”.
1 min
October 30, 2025
Mint Bangalore
Govt preps debt recast plan for discoms
Drugmakers face bans for fake claims as govt set to tweak rules
2 mins
October 30, 2025
Mint Bangalore
Bougatsa is a Greek breakfast worth waking for
This custard-filled treat, which dates back to the time of the Byzantine Empire, is a delicious slice of Athens life
3 mins
October 30, 2025
Mint Bangalore
Silver premiums fall as demand eases
Silver premiums in India have fallen sharply as demand eased following the last two weeks’ festive rush, prompting potential buyers to delay purchases, bullion dealers told Reuters.
1 min
October 30, 2025
Listen
Translate
Change font size