Mahindra & Mahindra Ltd. is slated to release its financial performance report this week. The company's peers Maruti Suzuki, Tata Motors and Hyundai have already announced their earnings for the quarter and nine months ending December 31, 2024.
Mahindra & Mahindra witnessed a 16% year-on-year uptick in its monthly sales volumes for December 2024, reaching 69,768 units. The company reported domestic sales of 41,424 vehicles in the utility vehicle category, marking a rise of 18% year-on-year from 35,174 units.
The company's total exports grew 70% Y-o-Y to 3,092 units versus 1819 units in the year-ago period. Headquartered in Mumbai, Mahindra & Mahindra is among the oldest automakers in the country. The company's total market capitalisation is valued at around nearly Rs 4 lakh crore.
Here's everything you need to know about Mahindra & Mahindra Q3 results:
Mahindra & Mahindra Q3 Results: Date And Time
In an exchange filing dated Jan. 30, Mahindra & Mahindra said that its board of directors will meet to discuss and approve the company's financial statement for the December 2024 quarter on Feb. 7.
"We inform you that the Meeting of the Board of Directors of the Company will be held on Friday, 7th February 2025 to inter alia, consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the Third Quarter and Nine months ended 31st December 2024," the company said.
The trading window for dealing in the company's securities will remain closed for designated persons and their immediate relatives till Feb. 9.
The company has scheduled analyst and investor calls to discuss its Q3 financial performance on Feb.10, 12, 13 and 18.
Mahindra & Mahindra Share Price History
Shares of Mahindra & Mahindra Ltd. have been on a surge over the past year, rising more than 87% on the NSE. The stock price has climbed up by more than 18% in the last six months while rising 2.5% in a month. Over the past five trading sessions, Mahindra & Mahindra shares have gained nearly 9%.
Mahindra & Mahindra Q2 Highlights
Mahindra & Mahindra saw a 13% upsurge in its standalone net profit for September 2024 quarter at Rs 3,841 crore. The company's revenue during the period grew 12% to Rs 28,919 crore. Ebitda stood at Rs 5,270 crore, marking a 21% year-on-year rise.
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