Mahindra & Mahindra (M&M), one of India’s top automobile companies, increased its vehicle production by 24% in March 2025, reaching a total of 88,701 units.
The company’s total sales in March 2025 were 79,751 units, which is a 19.32% increase compared to the same month last year. Its exports also saw a huge rise, growing by 163.38% year-on-year to 4,143 units.
In other news, M&M has started a new fully-owned company called Mahindra Advanced Technologies Limited (MATL). The company was officially registered on 7 April 2025 in Mumbai. MATL will focus on making products related to security technologies. M&M has invested Rs 5 crore in this new venture by buying 50 lakh shares at Rs 10 each, giving it 100% ownership.
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The Mahindra Group is a market leader in various sectors like farm equipment, utility vehicles, IT, and financial services in India. It is also the world’s largest tractor maker by volume and is active in fields like renewable energy, agriculture, logistics, hospitality, and real estate.
In financial terms, M&M’s standalone net profit increased by 19.06% to Rs 2,964.31 crore in Q3 FY25, compared to Rs 2,489.73 crore in Q3 FY24. The company’s revenue also grew by 20.31% to Rs 30,963.76 crore.
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Following the positive news, M&M’s stock price rose by 0.65%, reaching Rs 2,507 on the Bombay Stock Exchange (BSE).
