Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3647.50
-11.25 (-0.31%)
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Mahindra & Mahindra reports 18% fall in Q2 consolidated net profit

Date: 10-11-2023

Mahindra & Mahindra has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 66.92% rise in its net profit at Rs 3451.88 crore for the quarter under review as compared to Rs 2068.00 crore for the same quarter in the previous year. Total income of the company increased by 18.83% at Rs 26591.80 crore for Q2FY24 as compared to Rs 22377.44 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 17.79% fall in its net profit at Rs 2483.97 crore for Q2FY24 as compared to Rs 3021.38 crore for the same quarter in the previous year. However, total income of the company increased by 16.25% at Rs 35027.23 crore for Q2FY24 as compared to Rs 30130.85 crore for the corresponding quarter previous year.