M&M Q1 Results: Key Highlights




#1 in SUVs with revenue market share at 21.6%, up 130 bps; volumes up 24%
#1 in LCVs <3.5T: market share at 50.9%, up 160 bps
#1 in Tractors: market share at 44.7%, up 180 bps
#1 in electric 3 wheelers: market share at 43.4%
MMFSL AUM up 23%, asset quality improvement continues
Tech Mahindra transformation underway margins a key focus
Consolidated Revenue at Rs 37,218 cr., up 10%
Prior year PAT included one time gains on KG Mobility (405 cr.) and MCIE stake sale (358 cr.)
Consolidated PAT at Rs 3,283 cr., up 20%~
Robust RoE at 19.4%

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