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Mahindra & Mahindra Ltd Q1FY24; 56% rise 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 Q1FY24 of ₹33,892.00 Crores up from ₹28,414.00 Crore year on year, a rise of 19.28%.

Total Expenses for Q1FY24 of ₹30,489.00 Crores up from ₹26,195.00 Crores year on year, a rise of 16.39%.

Consolidated Net Profit of ₹3,684.00 Crores up 56.04% from ₹2,361.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹28.21, up 59.74% from ₹17.66 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.

Tags: Automobile
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