Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3657.45
-1.30 (-0.04%)
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Mahindra & Mahindra to launch six new models this fiscal

Date: 01-06-2012

Mahindra & Mahindra, India’s leading SUV manufacturer is likely to roll out six new models this fiscal. It has a capital allocation of Rs 5,000 crore for the next three fiscal, while it is going to invest another Rs 2,500 crore in group companies during the next three fiscals.

The company’s net profit for the fourth quarter ended March 31, 2012 jumped by 44.18% to Rs 874.48 crore as compared to Rs 606.54 crore for the quarter ended March 31, 2011. The total income has increased by 38.62% to Rs 9482.79 crore for the quarter under review from Rs 6840.85 crore for the corresponding quarter of the previous year.