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Mahindra & Mahindra consolidated net profit declines 78.31% in the September 2019 quarter

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Capital Market

Sales decline 5.88% to Rs 23935.93 crore

Net profit of Mahindra & Mahindra declined 78.31% to Rs 348.14 crore in the quarter ended September 2019 as against Rs 1604.93 crore during the previous quarter ended September 2018. Sales declined 5.88% to Rs 23935.93 crore in the quarter ended September 2019 as against Rs 25431.02 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales23935.9325431.02 -6 OPM %13.8314.07 -PBDT2342.883447.23 -32 PBT1083.932453.82 -56 NP348.141604.93 -78

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First Published: Nov 08 2019 | 4:44 PM IST

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