Mahindra & Mahindra Ltd. reported a strong March quarter performance, with consolidated net profit rising 42 per cent year-on-year to Rs 4,668 crore, driven by robust demand for sport-utility vehicles (SUVs), tractors and services. Revenue for the quarter grew 29 per cent to Rs 54,982 crore, comfortably ahead of Street expectations. Bloomberg estimates had pegged consolidated revenue at Rs 31,353 crore and EBITDA at Rs 4,683 crore. On the standalone side, estimates stood at revenue of Rs 38,115 crore, EBITDA of Rs 5,365 crore and net profit of Rs 3,491 crore, indicating the company outperformed on key metrics.