Mahindra & Mahindra Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Mahindra & Mahindra Ltd reported a 8.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.0%.
- Its expenses for the quarter were up by 8.1% QoQ and 15.4% YoY.
- The net profit increased 7.8% QoQ and increased 21.7% YoY.
- The earnings per share (EPS) of Mahindra & Mahindra Ltd stood at 28.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 41881.38 | 38582.96 | 35809.91 | 8.5% | 17.0% |
Total Expenses | 37096.65 | 34309.35 | 32142.88 | 8.1% | 15.4% |
Profit Before Tax | 4784.73 | 4273.61 | 3667.03 | 12.0% | 30.5% |
Tax | 1467.51 | 1378.90 | 935.16 | 6.4% | 56.9% |
Profit After Tax | 3624.48 | 3361.06 | 2977.04 | 7.8% | 21.7% |
Earnings Per Share | 28.40 | 28.30 | 23.80 | 0.4% | 19.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mahindra & Mahindra Ltd is a prominent Indian multinational corporation involved primarily in the automotive and farm equipment sectors. Known for its range of vehicles, Mahindra & Mahindra produces automobiles that include SUVs, commercial vehicles, and tractors. The company is a key player in the automobile industry and has a strong presence in the domestic market with a growing footprint internationally. Apart from its core automotive operations, Mahindra & Mahindra has interests in various other sectors including information technology, financial services, and real estate. As a part of its strategic initiatives, the company continuously seeks to innovate and expand its product offerings and market reach. Specific details about recent developments in the company are not available at this moment.
Revenue
For the third quarter of the fiscal year 2025, Mahindra & Mahindra Ltd reported a total income of ₹41,881.38 crores. This reflects an 8.5% increase compared to the previous quarter (Q2FY25) where the total income was ₹38,582.96 crores. Year-over-year, the company's revenue grew by 17.0%, as the total income in the third quarter of the fiscal year 2024 was ₹35,809.91 crores. The growth in revenue quarter-over-quarter and year-over-year highlights the company's ability to increase its income over these periods. The consistent revenue growth is an indication of the company's market activities and sales performance within the period reviewed.
Profitability
The company recorded a profit before tax of ₹4,784.73 crores in Q3FY25, representing a 12.0% increase from ₹4,273.61 crores in Q2FY25. Compared to the same quarter in the previous fiscal year (Q3FY24), where the profit before tax was ₹3,667.03 crores, there is a notable year-over-year increase of 30.5%. After accounting for taxes amounting to ₹1,467.51 crores, the profit after tax stood at ₹3,624.48 crores for Q3FY25. This is a 7.8% rise from the ₹3,361.06 crores reported in Q2FY25 and a 21.7% increase from the ₹2,977.04 crores recorded in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹28.40, which shows a slight increase of 0.4% from the previous quarter and a 19.3% increase from the same quarter the previous year. The company's profitability metrics depict a robust upward trend on both a quarterly and yearly basis.
Operating Metrics
In Q3FY25, Mahindra & Mahindra Ltd's total expenses were reported at ₹37,096.65 crores, marking an 8.1% increase from the ₹34,309.35 crores in Q2FY25. When compared to Q3FY24, which had total expenses of ₹32,142.88 crores, there is a year-over-year rise of 15.4%. The tax expense for Q3FY25 was ₹1,467.51 crores, showing a 6.4% rise from the previous quarter and a significant 56.9% increase from the same quarter last year, when it was ₹935.16 crores. These operating metrics reflect how the company's expenses have evolved over the quarters and year, indicating changes in operational costs and tax obligations over time.
