मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
M&M tops Q3 profit estimates
Financial Express Chennai
|February 08, 2025
New Launches Rev Up Q3 Earnings
MAHINDRA & MAHINDRA (M&M) on Friday posted a 19% jump in its net profit to ₹2,964 crore in the December quarter at the standalone level, beating Street estimates, helped by a richer product mix in the SUV category, a surge in tractor volume and benign input costs. The Bloomberg standalone net profit estimate was ₹2,921 crore for Q3.
The automaker's standalone revenue from operations jumped 20% y-o-y to ₹30,538 crore, lower than the Bloomberg estimate of ₹30,837 crore. Helped by a strong growth in profitability in tractors, the operating margin improved to 15.5%, a 130-basis-point rise.
यह कहानी Financial Express Chennai के February 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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