Mahindra & Mahindra Ltd.

Mahindra & Mahindra of India has reported results for first quarter ended June 30, 2016.

The company has registered 12.37% rise in its net profit at Rs 955.21 crore for the quarter as compared to Rs 850.09 crore for the same quarter in the previous year. Total income of the company increased by 14.33% at Rs 12159.73 crore for quarter under review as compared to Rs 10635.25 crore for the quarter ended June 30, 2015.

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.