Thu Nov 07 08:59:57 UTC 2024: ## Mahindra & Mahindra Reports Strong Q2 FY25 Earnings: Net Profit Jumps 35%
**Mumbai, India** – Mahindra & Mahindra (M&M) announced strong Q2 FY25 results on Thursday, November 7th, with a 13% YoY increase in standalone net profit and a 35% jump in consolidated net profit.
The company’s strong performance was driven by record quarterly volumes, reaching 231,038 units, a 9% increase YoY. SUV sales saw a particularly impressive 18% jump. Tractor sales also grew by 4% YoY, reaching 92,382 units, with the Farm Equipment segment achieving its highest-ever Q2 market share at 42.5%.
M&M’s Auto segment revenue climbed 14% YoY to ₹21,110.28 crore, while the Farm Equipment segment recorded a 9.75% increase in revenue, reaching ₹6,496.81 crore.
At the operational level, EBITDA for the quarter rose by 30% to ₹3,908 crore, driven by a 190 bps improvement in EBITDA margin, reaching 14.2%.
Despite the positive results, shares of M&M were trading 0.2% lower at ₹2,927.95 apiece at 1:24 pm on the NSE.
**Key highlights of M&M’s Q2 FY25 results:**
* Standalone net profit: ₹3,840.88 crore, up 13.2% YoY
* Consolidated net profit: ₹3,171 crore, up 35% YoY
* Record quarterly volume: 231,038 units, a 9% increase YoY
* SUV volume growth: 18% YoY
* Tractor sales: 92,382 units, up 4% YoY
* Farm Equipment Segment market share: 42.5%
* Auto segment revenue: ₹21,110.28 crore, up 14% YoY
* EBITDA: ₹3,908 crore, up 30% YoY
* EBITDA margin: 14.2%, up 190 bps YoY
M&M’s strong Q2 performance reflects the positive momentum in the Indian automotive and farm equipment sectors. The company’s focus on SUVs and its strong presence in the rural market are contributing to its growth.
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