M&M Q4 net rises 44 Percent to 874.48 Crore

Wednesday, 30 May 2012, 11:48 Hrs
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email
New Delhi: Auto major Mahindra & Mahindra (M&M ) reported 44.17 per cent increase in net profit at 874.48 crore for the fourth quarter ended March 31, 2012.

The company had posted net profit of 606.54 crore for the corresponding period previous fiscal, Mahindra & Mahindra said in a filing to BSE.

Net sales of the company increased to Rs 9,241.28 crore for the quarter ended March 31, 2012 as against 6,633.84 crore for the same quarter year ago.

Consolidated net profit of the company for the year ended March 31, 2012 stood at 3,126.66 crore for as against Rs 3079.73 crore for the same period previous fiscal.

The company's net sales for FY12 rose to 58,241.40 crore from 36,009.65 crore for FY11.
Source: PTI
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..