- Tuesday, April 16, 2024
By: Radhakrishna N S
India’s multinational auto manufacturer Mahindra and Mahindra Limited (M&M) recorded a 67% year-on-year jump in its quarterly profit in the first quarter of the financial year 2018-19. According to a company release on Tuesday (7), its quarterly profit touched 9.74 billion GBP meeting its previous expectations. The company had reported profit of 5.83 billion GBP during the same period last year. The total revenue for the quarter jumped 23 per cent to 104.99 billion GBP when compared to the last year’s quarterly revenue of 85.27 billion GBP. Operating profit margin of the company was at 15.8 per cent…
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