Suspense Crime Sach Ka Dam
Mahindra & Mahindra Q2 Result: Mahindra & Mahindra Limited’s consolidated net profit grew 35 per cent to Rs 3,171 crore in the second quarter of the current financial year 2024-25. The company’s net profit in the second quarter (July-September) of the last financial year 2023-24 was Rs 2,348 crore. M&M Limited said in a statement, consolidated revenue grew 10 per cent to Rs 37,924 crore in the second quarter as against Rs 34,436 crore in the same quarter a year ago. Anish Shah, Managing Director and Chief Executive Officer (CEO) of the company, said, “Our businesses have delivered solid operational performance this quarter. Automotive and agriculture gained market share and continued to consolidate market leadership while expanding profits.”
2.31 lakh units sold
According to M&M, the automotive segment recorded the highest quarterly turnover of 2.31 lakh units. This is nine percent more than the same quarter last year. While the sale of utility vehicles was also the highest during this period at 1.36 lakh units. In the agriculture sector, the company achieved the highest-ever second-quarter market share of 42.5 percent in the quarter under review. While sales increased by four percent to 92,000 units compared to last year.
Share price drop
Mahindra & Mahindra’s stock was seen trading with a decline on the Bombay Stock Exchange on Thursday afternoon. It was trading at Rs 2898.40, down 1.24 percent or Rs 36.30. The 52-week high of this stock is Rs 3221.10. At the same time, the 52-week low is Rs 1474.80. The company’s market cap remained at Rs 3,60,523.88 crore on the BSE.
