Mahindra & Mahindra: consolidated revenue and profit up 25% in Q2
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Consolidated Revenue: INR57,553 crores, up 25% year-over-year. Consolidated Profit After Tax: INR4,588 crores, up 25% year-over-year. Year-to-Date Profit: Up 29% in the first half of the year. Return on Equity (ROE): 21%, against a…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishDouble-digit revenue and profit growth and improving auto margins support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Consolidated revenue reached INR 57,553 crore, up 25% year-over-year.
- 02Consolidated profit after tax was INR 4,588 crore, up 25% year-over-year.
- 03Mahindra Finance profit rose 61% and auto profit rose 55%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Mahindra & Mahindra Limited3,287.20 INRMarket closedtoday +5.11%Positive Mahindra & Mahindra Financial Services Limited279.85 INRMarket closedtoday -1.81%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets