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Strong Q3 drives M&M profit to ₹4,675 cr

Mahindra & Mahindra (M&M) reported a strong performance in the third quarter, with consolidated net profit rising 47% year-on-year to ₹4,675 crore. The company’s revenue grew 26% to over ₹52,000 crore, supported by solid demand across its automotive and farm equipment businesses.

SUV sales remained a key growth driver, helping the auto segment record healthy volume gains. Tractor sales also showed steady improvement. The company’s services businesses, including financial services, contributed to overall growth.

Improved operating margins and strong market demand helped boost profitability, reflecting M&M’s continued momentum across its core business segments.

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Mahindra & Mahindra shares rise on 18% production jump

Mahindra & Mahindra reported strong performance in November, with vehicle production rising over 18% year-on-year.

The company’s total sales grew by nearly 20%, reflecting steady demand across key segments. Passenger vehicle sales rose sharply, while commercial vehicle sales also showed healthy growth.

Tractor sales recorded a major jump, driven by improved rural demand. Exports increased as well, supporting overall growth. The strong performance boosted investor confidence, leading to gains in the company’s share price.

The results highlight Mahindra’s growing market strength and improving production efficiency.