Mahindra & Mahindra (M&M) on Wednesday reported a 24% year-on-year growth in its Q1FY26 consolidated net profit at Rs 4,083 crore versus Rs 3,283 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.
The company's revenue in the quarter under review stood at Rs 45,436 crore which was up 23% from Rs 37,010 crore reported in the corresponding quarter of the last financial year.
The company's PAT increased 24% on a quarter-on-quarter basis versus Rs 3,295 crore in the January-March quarter of FY25. The topline was 7% on a sequential basis compared to Rs 42,586 crore in Q4FY25.
Mahindra & Mahindra reported strong operating performance across businesses in the first quarter of F26 with the auto and farm verticals continuing to deliver on growth and margins with profits up 20%, a company statement said.
More to come...
The company's revenue in the quarter under review stood at Rs 45,436 crore which was up 23% from Rs 37,010 crore reported in the corresponding quarter of the last financial year.
The company's PAT increased 24% on a quarter-on-quarter basis versus Rs 3,295 crore in the January-March quarter of FY25. The topline was 7% on a sequential basis compared to Rs 42,586 crore in Q4FY25.
Mahindra & Mahindra reported strong operating performance across businesses in the first quarter of F26 with the auto and farm verticals continuing to deliver on growth and margins with profits up 20%, a company statement said.
More to come...
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