Mahindra & Mahindra consolidated net profit declines 61.06% in the September 2020 quarter

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Capital Market
Last Updated : Nov 10 2020 | 3:04 PM IST

Sales decline 1.54% to Rs 23566.75 crore

Net profit of Mahindra & Mahindra declined 61.06% to Rs 135.56 crore in the quarter ended September 2020 as against Rs 348.14 crore during the previous quarter ended September 2019. Sales declined 1.54% to Rs 23566.75 crore in the quarter ended September 2020 as against Rs 23935.93 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales23566.7523935.93 -2 OPM %16.3113.83 -PBDT2773.032342.88 18 PBT1580.231083.93 46 NP135.56348.14 -61

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First Published: Nov 10 2020 | 2:39 PM IST

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