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. 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. Economic Times
February 27, 2025
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