From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.M&M Q2 PAT rises 25% to ₹4,588 crore on strong auto, finance performance
What's behind this
Mahindra & Mahindra reported a 25 percent rise in net profit to ₹4,588 crore for the second quarter of FY 26, driven by strong performance in its auto and finance businesses. Consolidated revenue from operations also grew 25 percent year‑on‑year to ₹57,553 crore, up from ₹46,106 crore. The auto segment continued to expand on robust consumer demand, while the farm segment saw a marginal decline attributed to a shift in the festive season. No other details are available from the provided excerpts.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
Auto continued to grow on the back of strong consumer demand, while Farm experienced a marginal decline on account of the festive season shift.
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center · 1 outlet
Consolidated revenue from operations also climbed 25 per cent year-on-year to Rs 57,553 crore from Rs 46,106 crore in Q2 FY26.
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right · 1 outlet
Consolidated revenue from operations increased 25 per cent to ₹57,553 crore from ₹46,106 crore
RSS excerpt
Auto continued to grow on the back of strong consumer demand, while Farm experienced a marginal decline on account of the festive season shift.