Mahindra and Mahindra (M&M) has reported net profit of Rs 607 crore in January-March quarter of 2011, a growth of 6.5% as compared to Rs 570 crore in same quarter the previous year.
Revenue moved up nearly 28% to Rs 6,778 crore from Rs 5,304 crore during the same period. In an interview with CNBC-TV18, Uday Phadke, President-Finance, Legal and Financial Services, M&M said employee costs hit only in Q4.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
