Mahindra & Mahindra Ltd.

Mahindra & Mahindra has reported results for fourth quarter and year ended March 31, 2022.

The company has reported 5-fold jump in its net profit at Rs 1291.94 crore for the quarter under review as compared to Rs 245.19 crore for the same quarter in the previous year. Total income of the company increased by 28.86% at Rs 17362.68 crore for Q4FY22 as compared Rs 13473.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 59.53% in its net profit at Rs 2608.13 crore for the quarter under review as compared to Rs 1634.85 crore for the same quarter in the previous year. Total income of the company increased by 20.42% at Rs 26215.47 crore for Q4FY22 as compared Rs 21770.81 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 5-fold jump in its net profit at Rs 4935.22 crore as compared to Rs 984.16 crore for the previous year. Total income of the company increased by 29.88% at Rs 59521.87 crore for year under review as compared to Rs 45829.35 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 95.93% in its net profit at Rs 7253.01 crore as compared to Rs 3701.92 crore for the previous year. Total income of the company increased by 20.97% at Rs 91105.08 crore for year under review as compared to Rs 75310.89 crore for year ended March 31, 2021.