Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported results for the quarter and the year ended March 31, 2011.

The company’s net profit after tax for the fourth quarter has rose by 6.36% at Rs 606.54 crore as compared to Rs 570.26 crore for the corresponding quarter last year. Its total income has jumped by 28.23% at Rs 6825.57 crore for the quarter under review from Rs 5322.75 crore in the corresponding previous quarter.

The company has registered growth of 27.51% in its net profit after tax for FY11 at Rs 2662.10 crore as compared to Rs 2087.75 crore for FY10. Its total income has increased by 26.60% at Rs 23803.24 crore for the year from Rs 18801.46 crore in previous year.

On consolidated basis, the group’s net profit after minority interest for the year has surged 24.25% at Rs 3079.73 crore as compared to Rs 2478.56 crore for the year ended March 31, 2010. Total income for the year has increased by 16.85% at 37026.37 crore as compared to Rs 31687.97 crore for the previous year.