Mahindra & Mahindra’s Q2 net declines by 3%

Mahindra & Mahindra has reported results for the quarter ended September 30, 2011.

The company’s net profit after tax for the quarter has marginally declined by 2.78% of Rs 737.38 crore as compared to Rs 758.49 crore for September quarter of the year 2010. The company’s total income has increased by 34.75% at Rs 7592.14 crore for Q2FY12 as compared to Rs 5634.13 crore for the corresponding quarter of the previous year.