M&M Q4 PAT declines 20% to Rs 849 cr; revenue rises to Rs 14,035.16 cr

Home grown auto major Mahindra & Mahindra (M&M) Wednesday reported a 19.85 per cent decline in its standalone profit after tax (PAT) to Rs 848.81 crore for the fourth quarter of 2018-19.

The company had posted a PAT of Rs 1,059.09 crore in the corresponding period of 2017-18.

Revenue from operations rose to Rs 14,035.16 crore during the quarter as against Rs 13,307.88 crore in the fourth quarter of 2017-18, M&M said in a regulatory filing.

For full 2018-19, the company posted a PAT of Rs 4,796.04 crore, up 10.1 per cent as compared with Rs 4,356.01 crore in 2017-18.