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May 30, 2012, 02.12 PM IST
INDIA-MAHINDRA-RESULTS:M&M Q4 net up 44 pct, beats forecast
REUTERS - Mahindra & Mahindra Ltd
Mahindra, one of the world's biggest tractor manufacturers, said on Wednesday net profit for the March quarter was 8.74 billion rupees, against 6.06 billion rupees a year earlier.
Net sales rose 39 percent to 92.4 billion rupees.
Analysts on average expected profit of 6.20 billion rupees on revenues of 82.6 billion rupees, according to Thomson Reuters I/B/E/S.
(Reporting by Henry Foy in MUMBAI; Editing by Ranjit Gangadharan)
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy