Mahindra and Mahindra posts Rs.400 Crore net profit
Facebook Twitter google+ RSS Feed

Mahindra and Mahindra posts 400 Crore net profit

Thursday, 30 July 2009, 10:23 Hrs
Printer Print Email Email
Mumbai: Auto major Mahindra and Mahindra Thursday reported a net profit of 400.8 crore for the quarter ended June 30, up from 159.3 crore in the like period last year.

The company's total income increased to 4,266.1 crore as against 3,331.8 crore, Mahindra said in a regulatory statement.

The results for the current quarter include the figures of the company's former subsidiaries, Mahindra Holdings and Finance Ltd and Punjab Tractors Ltd.

These companies merged with the parent firm in the June quarter. Hence, the figures of the current quarter are not comparable with those of the year-ago quarter, the statement added.
Source: IANS
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Sr. Executive
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
Reena Khanna
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset