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Live: M&M Q1 results | Net profit surges 98%, beats estimates | Earnings Express

Mahindra & Mahindra reported 98 percent surge in standalone net profit at Rs 2,774 crore for the quarter ended June 30, 2023. The automajor had reported a net profit of Rs 1,404 crore in the year-ago period. The automobile major was predicted to post a 27 percent year-on-year (YoY) rise on the back of robust growth in vehicle sales during the said quarter. M&M was expected to report a net profit of Rs 1,865 crore in Q1 as compared with the Rs 1,471 crore profit reported in the year-ago period. Watch their presser live on Moneycontrol.

Moneycontrol News
August 04, 2023 / 14:03 IST
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TAGS: #earnings #live #Mahindra #quarter 1 #video
first published: Aug 4, 2023 02:03 pm

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