Mahindra & Mahindra standalone net profit rises 70.33% in the March 2018 quarter

Sales rise 19.26% to Rs 13307.88 crore

Net profit of Mahindra & Mahindra rose 70.33% to Rs 1059.09 crore in the quarter ended March 2018 as against Rs 621.78 crore during the previous quarter ended March 2017. Sales rose 19.26% to Rs 13307.88 crore in the quarter ended March 2018 as against Rs 11158.45 crore during the previous quarter ended March 2017.

For the full year,net profit rose 19.56% to Rs 4356.01 crore in the year ended March 2018 as against Rs 3643.39 crore during the previous year ended March 2017. Sales rose 10.51% to Rs 48685.55 crore in the year ended March 2018 as against Rs 44053.50 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales13307.8811158.45 19 48685.5544053.50 11 OPM %13.187.79 -12.7810.25 - PBDT1892.681132.07 67 7148.185700.53 25 PBT1493.36705.57 112 5668.764174.15 36 NP1059.09621.78 70 4356.013643.39 20

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