Mahindra & Mahindra last week reported 44 per cent increase in consolidated profit at Rs 2,773 crore for September quarter, boosted by robust sales of its newly launched sports utility vehicles XUV 700, Scorpio N and Thar. The group had logged a net profit of Rs 1,929 crore in July-September last fiscal year, Mahindra & Mahindra (M&M) said in a regulatory filing.