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M&M reports 16% decline in Q4FY19 consolidated net profit at Rs 969 crore

Revenue for the period under review stood at Rs 13,808 crore - up 4.7% on a year on year basis

Mahindra XUV300
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BS Webdesk New Delhi
Mahindra & Mahindra on Wednesday reported a 16% decline in its net proft for the fouurth quarter ended March 31, 2019 at Rs 969 crore. 

Revenue for the period under review stood at Rs 13,808 crore - up 4.7% on a year on year basis.

EBITDA came in 16% higher at Rs 1,867.9 crore.

Margins declined to 13.5% from 15.1% reported in the corresponding quarter last year.

The company has recommended a dividend of Rs.8.5 (170%) per Ordinary (Equity) Share of the
face value of Rs 5 each. 

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First Published: May 29 2019 | 3:38 PM IST

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