Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3128.35
44.85 (1.45%) M&M reports 11% fall in Q3 net profit
Date: 08-02-2019Mahindra & Mahindra (M&M) has reported results for third quarter ended December 31, 2018.
The company has reported a fall of 11.44% in its net profit at Rs 1,076.81 crore for the quarter under review as compared to Rs 1,215.89 crore for the same quarter in the previous year. However, total income of the company increased by 14.86% at Rs 13,411.29 crore for Q3FY19 as compared Rs 11,676.05 crore for the corresponding quarter 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.