Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3199.35
-22.00 (-0.68%) Mahindra & Mahindra reports marginal fall in Q2 net profit
Date: 06-11-2015Mahindra & Mahindra has reported results for second quarter ended September 30, 2015.
The company has reported 2.44% fall in its net profit at Rs 923.56 crore for the quarter ended September 30, 2015 as compared to Rs 946.63 crore for the same quarter in the previous year. The company’s total income has decreased by 1.67% to Rs 9730.92 crore for the quarter under review from Rs 9895.97 crore for the corresponding quarter of the previous year.
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.