Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3129.15
43.90 (1.42%)
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Mahindra & Mahindra reports 21% rise in Q2 consolidated net profit

Date: 11-11-2022

Mahindra & Mahindra reported results for second quarter ended September 30, 2022.

The company has reported rise of 45.80% in its net profit at Rs 2,089.92 crore for Q2FY23 as compared to Rs 1,433.45 crore for the corresponding quarter previous year. Total income of the company increased by 53.71% to Rs 22,165.15 crore for the quarter under review as compared to Rs 14,420.25 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 21.27% in its net profit at Rs 3,021.38 crore for the quarter under review as compared to Rs 2,491.38 crore for the same quarter in the previous year. Total income of the company increased by 38.37% to Rs 30,076.98 crore for the quarter under review as compared to Rs 21,735.96 crore for the same quarter in the previous year.