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Mahindra & Mahindra (M&M) has reported a strong performance in its second quarter of fiscal year 2025 (Q2FY25), with a 35% surge in profit after tax (PAT) to Rs 3,171 crore. This robust growth was primarily driven by a surge in auto sales, a key segment for the company. The company's revenue for the quarter also saw a significant increase, rising by 18% to Rs 31,658 crore, reflecting the positive momentum in the automotive market.
The auto sector, particularly the utility vehicle (UV) segment, has been experiencing strong demand in recent months. M&M, being a leading player in the Indian UV market, has benefitted from this trend. The company's strong performance in the quarter was further supported by its focus on new product launches and initiatives to improve operational efficiency. The company's focus on electric vehicles (EVs) also seems to be paying off, as the segment witnessed healthy growth during the quarter.
Looking ahead, the company remains optimistic about the prospects for the auto sector. M&M is aiming to further capitalize on the growth opportunities in the market by expanding its product portfolio and investing in new technologies. The company is also focused on expanding its presence in international markets, which could contribute to further growth in the coming quarters.
Source: M&M Q2FY25 results: PAT up 35% at Rs 3,171 crore on strong auto sales