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  • M&M down 2% post Q2 performance; Credit Suisse, Nomura cut targets

    The automobile major reported a net profit of Rs 1,778.75 crore for the September quarter. This implies a jump of 26 percent from the profit of Rs 1,410.86 crore posted during the same quarter of last year.

  • Mahindra & Mahindra Q2 PAT seen up 4.9% YoY to Rs. 1,397.1 cr: Prabhudas Lilladher

    Net Sales are expected to increase by 10.4 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 13,449.5 crore, according to Prabhudas Lilladher.

  • Mahindra and Mahindra Q2 PAT may dip 1.5% YoY to Rs. 1,389.9 cr: Motilal Oswal

    Net Sales are expected to increase by 7.2 percent Y-o-Y (down 3.5 percent Q-o-Q) to Rs. 12,886.4 crore, according to Motilal Oswal.

  • Brokerages cheer M&M’s Q1 show; Axis Cap upgrades rating to buy, hikes target

    Utility vehicle and tractor manufacturer Mahindra & Mahindra on Tuesday reported a 67 percent growth in net profit at Rs 1,257 crore for the quarter ended June, ahead of analyst estimates

  • M&M: Strong Q1 performance, value investors should accumulate

    M&M trades at a steep discount to peer groups. There is headroom to catch up, riding on rural recovery and product innovation. Value investors should accumulate M&M for the long term.

  • Mahindra & Mahindra Q1 PAT seen up 33.3% YoY to Rs. 1,136.8 cr: Kotak

    Net Sales are expected to increase by 21.4 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 13,198.6 crore, according to Kotak.

  • M&M: Stock yet to factor in rural recovery, product innovation

    Long-term value investors should accumulate M&M for the long-term

  • Passenger vehicle segment will see double-digit growth for FY18: M&M

    Margins were higher due to a good performance of both tractor and auto divisions, said VS Parthasarathy, CFO, Mahindra & Mahindra (M&M).

  • M&M Q2 profit seen up 6%; revenue growth may be 20% led by tractor business

    Analysts feel the low base (Q2FY17) in auto segment and improvement in tractor volumes may boost earnings.

  • Expect FY19 revenue at Rs 2300cr, RoE to be in double-digit soon: Subros

    Subros is in focus on the back of a good Q2. In an interview to CNBC-TV18, PK Duggal, VP-Corporate Planning & Marketing of the company spoke about the results and his outlook going ahead.

  • Mahindra and Mahindra Q2 PAT seen up 13.1% YoY to Rs. 1417 cr: Edelweiss

    Net Sales are expected to increase by 17.1 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 11908.1 crore, according to Edelweiss.

  • Q3 typically low; optimistic about the year, says Gabriel India

    In an interview to CNBC-TV18, Manoj Kolhatkar, MD of Gabriel India spoke about the results and his outlook for the company.

  • M&M is value investing: Rural recovery, new products to drive long-term story

    Strong leadership in FES, revival riding on rural growth, a slew of new launches and reasonable valuation make it a stock worth accumulating for long-term investors.

  • M&M Q1 profit seen up 1%; volume and realisations may drive revenue growth

    Operating profit is likely to increase 6 percent to Rs 1,573 crore but margin may contract 20 basis points to 14 percent compared with same quarter last year due to higher material cost.

  • Mahindra & Mahindra Q1 PAT seen up 0.6% YoY to Rs 900.4 cr: Edelweiss

    Net Sales are expected to increase by 3.4 percent Q-o-Q (up 4.3 percent Y-o-Y) to Rs 10977.6 crore, according to Edelweiss. Mahindra & Mahindra to report net profit at 900.4 crore up 0.6% year-on-year.

  • M&M could post flat profit for Q4 at Rs 658 cr; volume growth seen rising 2.5%

    The company’s revenue could be up 2.3 percent at Rs 10,400 crore against Rs 10,160crore during March 2016.

  • New product launches critical for M&M to fight competition: Pros

    The third quarter results of Mahindra & Mahindra have not been that great, and with competition from majors like Maruti Suzuki and Hyundai growing strongly, only new products can help the company scale back on lost market share, says Ashwin Patil, LKP Securities reacting to the results.

  • M&M Q3 profit, revenue seen up over 3% on slow volume growth

    Normal rainfall and healthy water levels in reservoirs led to strong growth in tractor segment. With an increase in share in high margin tractors, margin may hold up at around 12.5 percent, analysts feel.

  • M&M Q3 PAT may dip 28.8% to Rs 891.7 cr: Motilal Oswal

    Net Sales are expected to increase by 1.7 percent Q-o-Q (down 1.1 percent Y-o-Y) to Rs 10346.7 crore, according to Motilal Oswal.

  • Pessimism around Q3 earnings; banks to outperform: Experts

    According to Sanjiv Bhasin of IIFL there is a lot of pessimism around the third quarter earnings but he expects banks to be in a sweet spot.

  • Experts divided on M&M's Q2 performance and future growth

    Prakash Diwan of Altamount Capital Management said the second quarter numbers look good mainly because in the previous quarter the auto segment was weak. The concern is that the company has not yet been able to launch anything on the diesel side.

  • M&M Q2 profit seen up 9% to Rs 1071 cr, volume may boost topline

    Utility vehicle and farm equipment maker Mahindra & Mahindra (M&M) is expected to report a 9.5 percent growth in second quarter consolidated profit at Rs 1,070.8 crore on yearly basis, according to analysts polled by CNBC-TV18.

  • Mahindra & Mahindra Q2 PAT seen up 9.5% to Rs 950.2 cr: Centrum

    Net Sales are expected to decrease by 3.3 percent Q-o-Q (up 15.5 percent Y-o-Y) to Rs 10681 crore, according to Centrum.

  • Mahindra & Mahindra Q2 PAT seen up 13% to Rs 1087 cr: Kotak Sec.

    Net Sales are expected to decrease by 2.3 percent Q-o-Q (up 16.9 percent Y-o-Y) to Rs 10280.5 crore, according to Kotak Securities.

  • Consolidated growth ex-Phoenix Lamps 18%: Suprajit Engineering

    Suprajit Engineering reported a solid set of earnings in Q1 with strong revenue growth of 64 percent.

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