M&M Q4 revenue up 26%, net profit beats estimates
after close1 source ↓written by the desknot a recommendation
- marking
- 53% YoY increase
- Revenue reached
- ₹39,554 cr
- 26.2% YoY
- EBITDA rose
- ₹5,565 cr
- EBITDA margin
- 14.1%
Mahindra & Mahindra Ltd. reported net profit ₹3,737.3 cr, exceeding estimates of ₹3,524 cr, marking a 53% YoY increase. Revenue reached ₹39,554 cr, up 26.2% YoY, driven by strong volume growth. EBITDA rose to ₹5,565 cr, slightly above expectations, with EBITDA margin at 14.1%. This performance may bolster investor sentiment in the auto sector.
Not investment advice. For informational purposes only.