Mahindra & Mahindra standalone net profit declines 38.61% in the March 2015 quarter

Image
Capital Market
Last Updated : May 30 2015 | 12:07 AM IST

Sales decline 13.16% to Rs 9411.52 crore

Net profit of Mahindra & Mahindra declined 38.61% to Rs 550.56 crore in the quarter ended March 2015 as against Rs 896.88 crore during the previous quarter ended March 2014. Sales declined 13.16% to Rs 9411.52 crore in the quarter ended March 2015 as against Rs 10837.89 crore during the previous quarter ended March 2014.

For the full year,net profit declined 11.63% to Rs 3321.11 crore in the year ended March 2015 as against Rs 3758.35 crore during the previous year ended March 2014. Sales declined 3.93% to Rs 38391.61 crore in the year ended March 2015 as against Rs 39963.36 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales9411.5210837.89 -13 38391.6139963.36 -4 OPM %9.578.36 -10.8711.81 - PBDT927.32920.76 1 4808.075179.98 -7 PBT683.01629.87 8 3833.174316.64 -11 NP550.56896.88 -39 3321.113758.35 -12

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 29 2015 | 4:57 PM IST

Next Story