M&M Q2 Results 2024: The company has announced its quarterly results. Profit has increased on a yearly basis. Profit has increased by 13% to Rs 3,841 crore in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24. A year ago, the profit was Rs 3393 crore. The market was expecting the profit to increase to Rs 3,405 crore.

M&M Q2 Results 2024 Quarterly Results-  Profit has increased on an annual basis. Revenue has increased by 12.94% to Rs 27,553 crore in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24. A year ago, the revenue was Rs 24,395 crore. The market had expected the revenue to increase to Rs 26,942 crore. SUV market share has increased by 1.90 percent to 21.9%. SUV volume has increased by 18% in Q2. (Big oders win: 2 companies got orders in 1 hour, shares on upper circuit) Agriculture business EBIT margin has increased from 16% to 17.5%. Auto business revenue increased by 14%, EBIT increased by 17%. Agricultural equipment income increased by 10%, EBIT increased by 20%. EBITDA margin has increased from 12.3% to 14.17%. (Adani Group Stocks: This stock of Adani Group fell by 9%, this is the biggest reason)