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M&M Q2 profit seen down 2%, revenue may fall on weak volume

However, margin may still grow 110 basis points year-on-year to 11.6 percent in Q2 due to falling raw material cost and cost control measures by management. Operating profit may increase 3.5 percent to Rs 1,045 crore in quarter ended September 2015 compared to Rs 1,009 crore in year-ago period.

first published: Nov 5, 2015 12:46 pm

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