Friday, October 29, 2010

M&M Q2 net profit up 7.98% at Rs 758 cr

Indian Automaker Mahindra and Mahindra (M&M) has announced its results for the quarter ended September 2010. It has reported net profit at Rs 758 crore as against Rs 702 crore, a growth of 7.98% on year-on-year basis.

Net sales rose 16.55% to Rs 5,311 crore from Rs 4,557 crore (YoY). Margin declined at 16.4% versus 18.2%.


Source : www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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