Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3092.85
-66.50 (-2.10%)
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Mahindra & Mahindra reports 3% fall in Q1 net profit

Date: 07-08-2015

Mahindra & Mahindra has reported results for first quarter ended June 30, 2015.

The company has reported a fall of 3.35 % in its net profit at Rs 852.2 crore for the quarter ended June 30, 2015 as compared to Rs 881.78 crore for the same quarter in the previous year. The company’s total income has decreased by 3.50 % to Rs 9999.58 crore for the quarter under review, from Rs 10362.21 crore for the corresponding quarter of the previous year.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.