Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a rise of 1.68% in its net profit after tax, share in associates and minority interest at Rs 889.19 crore in Q4FY13 as compared to net profit of Rs 874.48 crore in the same quarter previous year. Total income from operation of the company has increased by 11.79% to Rs 10486.53 crore as compared to Rs 9380.84 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 16.46% rise in its net profit after tax, share in associates and minority interest at Rs 3352.82 crore in FY13 as against Rs 2878.89 crore in previous years. Total income from operation of the company has increased to Rs 40441.16 crore as compared to Rs 31847.19 crore in FY12, up marginally by 26.99%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted a 31.10% rise in its net profit after tax, share in associates and minority interest at Rs 4099.20 crore under year under review as compared to Rs 3126.66 crore in FY12. Total income has increased by 15.72% at Rs 68735.66 crore for year under review as compared to Rs 59398.94 crore for the period ended March 31, 2012.