M&M Q2 Results: Revenue rose by 10.00% year-over-year (YoY) to Rs. 37924 crore, while net profit rose by 35.00% YoY to Rs. 3361 crore.
NSE: M&M: Rs.2,891(-1.47%)
Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers.
Revenue
Revenue for the current quarter (Sep 2024) is Rs. 37924 crore which is Rs. 37218 crore more than the revenue in the previous quarter (Jun 2024). However, it is higher than the revenue for the same quarter last year (Sep 2023) which was Rs. 34436 crore.
Net Profit
Net Profit for the current quarter (Sep 2024) is Rs. 3361 crore, which is Rs. 3546 crore less than the net profit in the previous quarter (Jun 2024). However, compared to the same quarter last year, it is significantly higher than the net profit of Rs. 2484 crore for Sep 2023.
EPS
The EPS for the current quarter (Sep 2024) is 25, which is 26 less than the EPS for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the EPS of 18 for Sep 2023.
Other Income
Other income for the current quarter (Sep 2024) is Rs. 1126 crore, which is Rs. 733 crore more than the other income for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the other income of Rs. 812 crore for Sep 2023.