Leading domestic automobile manufacturer Mahindra & Mahindra Ltd on Friday said that its overall auto sales for the month of September stood at 96,648 vehicles, including exports, which is a 20 per cent year-on-year growth.
In the utility vehicles (SUV) segment, the automaker sold 54,504 vehicles in the domestic market, a growth of 25 per cent and overall, 55,571 vehicles, including exports.
The domestic sales for commercial vehicles stood at 28,812, said the company.
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Mahindra Auto records highest ever SUV sales in Oct, overall auto growth up 20 pc
Mahindra & Mahindra on Wednesday reported revenue growth of 11.2 per cent (year-on-year) at Rs 27,133 crore in the first quarter of FY25, while net profit fell 5 per cent to Rs 2,613 crore YoY.
The PAT, excluding gains on KG Mobility and MCIE sale, stood at Rs 2,120 crore, recording a growth of 23 per cent YoY, said the company.
The company’s standalone EBITDA increased by 16 per cent to Rs 4,116 crore compared to Rs 3,551 crore posted in the same period last year.
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Mahindra & Mahindra posts 5 pc net profit drop in Q1, sales up on strong SUV demand