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M&M Q2 PAT Rises 25% to ₹4,588 Crore on Strong Auto, Finance Performance
The automaker’s consolidated revenue rose 25% as Mahindra Finance and Tech Mahindra also posted stronger quarterly results.
6 Articles
6 Articles
Mahindra & Mahindra shares gain 3% after Q2 profit jumps 25% to Rs 4,588 crore, revenue grows 25%
Mahindra & Mahindra shares rose after the company reported a 25% year-on-year jump in consolidated Q2 net profit to Rs 4,588 crore. Revenue also grew 25.4% to Rs 57,515 crore. Total expenses increased 25.9% to Rs 51,845 crore.
Mahindra & Mahindra's Q2 PAT up 25% to Rs 4,588 cr on robust auto revenue
Mahindra & Mahindra Ltd reported a 25 per cent increase in consolidated profit after tax (PAT) for the second quarter, reaching Rs 4,587.88 crore, primarily driven by strong revenue growth in its auto segment despite global commodity price pressures.
Coverage Details
Total News Sources6
Leaning Left1Leaning Right3Center1Last Updated60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
L 20%
C 20%
R 60%
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