For the fourth quarter, consolidated PAT rose 20 per cent to Rs3,295 crore. Backed by this strong performance, the Board of Directors has declared a dividend of Rs25.3 per share, representing a 20 per cent increase over the previous year.
Mahindra's Utility Vehicles (UV) segment saw domestic sales of 48,048 units, reflecting an 18 per cent increase from March 2024. The total sales, including exports, stood at 50,835 units. Meanwhile, the company's domestic commercial vehicle sales reached 23,951 units.
Anish Shah, Managing Director & CEO, M&M Ltd. said, "Our businesses continue to demonstrate strength in execution. Auto and Farm delivered solid performance on market share and margins, on the back of focused execution. The transformation at TechM is gathering momentum."
The company, which leads the Indian market in SUVs, light commercial vehicles (LCVs), tractors, and electric three-wheelers, also posted a consolidated revenue of Rs37,924 crore, marking a 10 per cent growth over Q2 FY24.