Country's largest utility vehicle manufacturer Mahindra and Mahindra
's (M&M) net profit rose by higher than expected 22.3 percent to
Rs 902 crore in the second quarter of FY13, helped by other income.
Net sales grew by 31 percent to Rs 9,659 crore from Rs 7,360 during the same period, which was slightly above expectations.
Analysts on an average had estimated net profit of Rs 820 crore on net sales of Rs 9,600 crore for the quarter.
Net sales grew by 31 percent to Rs 9,659 crore from Rs 7,360 during the same period, which was slightly above expectations.
Analysts on an average had estimated net profit of Rs 820 crore on net sales of Rs 9,600 crore for the quarter.
0 comments:
Post a Comment
Let Us Know Your Opinion!