Mahindra and Mahindra Q1 Preview: Revenue may rise 16% YoY, but profit seen muted

July 30, 2024

Mahindra and Mahindra experienced strong revenue growth in Q1 FY25, driven by impressive results in the tractor and automotive sectors. While revenues increased by 16% year-on-year, profits remained flat or declined by up to 14%. Analysts noted better EBITDA margins due to a favorable mix, despite higher advertisement expenses for new model launches.

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