Mumbai, Feb. 11 -- Leading sport utility vehicle (SUV) and tractor maker Mahindra and Mahindra Ltd capped a quarter of solid earnings growth for automotive firms, clocking a consolidated top line of over Rs.50,000 crore for the first time on the back of growth across its businesses.

The company reported consolidated revenues of Rs.52,100 crore, a fourth more than the same period last year. Consolidated profit surged by a half year-on-year to Rs.4,675 crore despite a Rs.220 one-time hit due to the implementation of new labour codes.

"Auto and farm (segments) continue to capitalize on their market leadership," M&M's group chief executive officer and managing director Anish Shah said during a post-earnings press conference.

The consolidat...