Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3129.15
43.90 (1.42%)
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M&M reports consolidated net profit of Rs 2,361 crore in Q1

Date: 05-08-2022

Mahindra & Mahindra (M&M) has reported results for first quarter ended June 30, 2022.

The company has reported a rise of 66.94% in its net profit at Rs 1,430.16 crore for the quarter under review as compared to Rs 856.67 crore for the same quarter in the previous year. Total income of the company increased by 65.82% at Rs 19,851.22 crore for Q1FY23 as compared Rs 11,971.33 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 2,360.70 crore for the quarter under review as compared to net loss of Rs 331.74 crore for the same quarter in the previous year. Total income of the company increased by 47.81% at Rs 28,628.39 crore for Q1FY23 as compared Rs 19,368.16 crore for the corresponding quarter previous year.