Categories AlphaGraphs, Automobile, Earnings

Mahindra & Mahindra Ltd Q3FY24; 1% fall in Profits

Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers.

Financial Results:

Mahindra & Mahindra Ltd reported Revenues for Q3FY24 of ₹35,299.00 Crores up from ₹30,621.00 Crore year on year, a rise of 15.28%.

Total Expenses for Q3FY24 of ₹32,143.00 Crores up from ₹28,074.00 Crores year on year, a rise of 14.49%.

Consolidated Net Profit of ₹2,977.00 Crores down 0.57% from ₹2,994.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.38, down 0.70% from ₹21.53 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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