M&M’s revenue rises 10% y-o-y in Q1, record volumes in auto, farm businesses

Mahindra & Mahindra Limited (M&M) has reported a rise of 10% in revenue on the year to INR 37,218 crore in Q1FY’25 against INR 33,892 crore in Q1FY’24. In the auto business, the company achieved highest ever Q1 volumes of 212,000 (up 14% y-o-y). Also, in the farm business, highest ever quarterly volumes of 120,000 (up 5% y-o-y) was achieved during the quarter.