Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. The company will report first-quarter 2024 earnings on 4th August, 2023. The company will most likely provide business updates for the first quarter.
Listen to Mahindra & Mahindra Ltd’s Q1 earnings call live and check real-time transcript
Analysts expect revenue share of Tractors to be up from 25% in March 2023 quarter to 30% in the June 2023 quarter. The company’s revenue could grow 22.8% over the year-ago quarter and 7.3% sequentially. Analysts expect the company’s Auto EBIT margin at 7.5% and Tractor EBIT margin at 18.0%.
Previous Quarter:
Mahindra & Mahindra Ltd reported Revenues for Q4FY23 of ₹32,366.00 Crores up from ₹25,934.00 Crore year on year, a rise of 24.8%.
Total Expenses for Q4FY23 of ₹29,626.00 Crores up from ₹23,814.00 Crores year on year, a rise of 24.41%.
Consolidated Net Profit of ₹2,998.00 Crores up 14.95% from ₹2,608.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹21.20, up 17.78% from ₹18.00 in the same quarter of the previous year.