Mahindra & Mahindra Ltd.
-35.30 (-1.13%) Mahindra & Mahindra reports marginal fall in Q1 consolidated net profit
Date: 31-07-2024Mahindra & Mahindra has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 5.32% fall in net profit at Rs 2,612.63 crore for Q1FY25 as compared to Rs 2,759.43 crore for the same quarter in the previous year. However, total income of the company increased by 9.27% at Rs 27,390.31 crore for Q1FY25 as compared to Rs 25,066.16 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 3.75% fall in its net profit at Rs 3,545.78 crore for the quarter ended June 30, 2024 as compared to Rs 3,683.87 crore for the same quarter in the previous year. However, total income of the company increased by 8.44% at Rs 37,626.49 crore for Q1FY25 as compared to Rs 34,698.68 crore for the corresponding quarter previous year.