 "Mahindra & Mahindra, Mahindra and Mahindra")
Mahindra & Mahindra and its subsidiary Mahindra Vehicle Manufacturers reported a 60 per cent YoY rise in their consolidated net profit at Rs 1,476 crore for third quarter (October-December) of FY19.
Revenue for the quarter rose 14 per cent to Rs 13,235 crore, against Rs 11,594 crore in the year-ago quarter.
Operating margin stood at 13.2 per cent against 14.7 per cent reported in the corresponding quarter last fiscal.
Number of vehicles sold during the quarter came in at 1,33,508 units, up 10 per cent against 1,21,786 in the year-ago period.
Number of vehicles sold during the quarter came in at 1,33,508 units, up 10 per cent against 1,21,786 in the year-ago period.
For Q3F2019, the Indian auto industry (excluding
