Mahindra & Mahindra Ltd.

Mahindra & Mahindra has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 19.85% in its net profit at Rs 848.81 crore for the quarter under review as compared to Rs 1,059.09 crore for the same quarter in the previous year. However, total income of the company increased by 5.88% at Rs 14,271.92 crore for Q4FY19 as compared Rs 13,479.37 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 10.10% in its net profit at Rs 4,796.04 crore as compared to Rs 4,356.01 crore for the previous year. Total income of the company increased by 9.55% at Rs 55,302.97 crore for year under review as compared to Rs 50,481.35 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 24.39% in its net profit at Rs 6,016.85 crore as compared to Rs 7,957.79 crore for the previous year. However, total income of the company increased by 12.68% at Rs 105,806.29 crore for year under review as compared to Rs 93,895.80 crore for year ended March 31, 2018.