Mahindra and Mahindra Q3 Results: The auto company Mahindra & Mahindra (M&M), which manufactures vehicles like Scorpio and Thar, announced the results of their December quarter on Friday (7 February).
Mahindra’s standalone net profit increased by 19 per cent to Rs 2964 crore in the third quarter of 2024-25. It was Rs 2,489.73 crore in the same quarter of a year ago.
Mahindra’s operation from operations raised 20 per cent to Rs 30,538 crore in the December quarter to Rs 30,538 crore. It was Rs 25,736.73 crore in the same period of a year ago. It was Rs 28,919.34 crore in the September quarter.
At the same time, the company’s total income increased to Rs 31,228.32 crore in the third quarter of FY 2024 -25. It was Rs 29,596.56 crore in the same quarter of the previous financial year.
Meanwhile, Mahindra & Mahindra’s shares climbed 2% in Intrade on BSE on Friday (7 February). However, the stocks later slipped into the fall. Mahindra’s shares fell 0.34% to Rs 3128 per share at 2:22 pm.