Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3129.15
43.90 (1.42%) Mahindra & Mahindra reports 10% rise in Q2 net profit
Date: 13-11-2013Mahindra & Mahindra has reported results for the second quarter ended September 30, 2013.
The company has reported 9.72% rise in its net profit at Rs 989.50 crore for the quarter as compared to Rs 901.80 crore for the same quarter in the previous year. However, total income of the company has decreased by 8.34% at Rs 9290.20 crore for quarter under review as compared to Rs 10135.85 crore for the quarter ended September 30, 2012.
Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.