'On consolidated basis
Quarter ended September 2024 compared with Quarter ended September 2023.
Net sales (including other operating income) of Mahindra & Mahindra has increased 10.13% to Rs 37923.74 crore. Sales of Automotive segment has gone up 15.29% to Rs 21,755.21 crore (accounting for 55.84% of total sales). Sales of Farm Equipment segment has gone down 2.14% to Rs 8,194.30 crore (accounting for 21.03% of total sales). Sales of Financial Services segment rose 16.56% to Rs 4,428.73 crore (accounting for 11.37% of total sales). Sales of Industrial Businesses & Consumer Services segment has gone up 7.63% to Rs 4,580.95 crore (accounting for 11.76% of total sales). Inter-segment sales rose Rs 862.88 crore to Rs 1,035.45 crore.
Profit before interest, tax and other unallocable items (PBIT) has jumped 35.72% to Rs 4,426.69 crore. PBIT of Automotive segment rose 36.41%...
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