Mahindra and Mahindra reported a 20% year-over-year growth in net profit for the first quarter. Net sales increased 39.12% to Rs. 93673.90 million while net profit grew 19.96% to Rs. 7256.40 million, though net profit margin declined to 7.75%. Earnings per share increased to Rs. 11.82 from Rs. 9.85 in the prior year quarter. The company's stock price closed up 3.92% after reaching a high of Rs. 728.25 during the day's trading on both the BSE and NSE exchanges.

1. M&M beats D-street expectations..posts 20% yoy growth in Q1 Net
Mahindra and Mahindra Limited
08-Aug-2012
Quarterly Result as on 30-Jun-2012
For the period the Mahindra and Mahindra Limited reported Net Sales of Rs 93673.90 million and Net Profit of Rs 7256.40 million. While Net
Sales rose by 39.12%, Net Profit grown by 19.96% and thereby NPM reduced to 7.75% as compared to 8.98% during same period previous
FY Equity Capital for the period under consideration has increased by 0.34% and stands at Rs 2946.70 million. EPS as on 30-Jun-2012
.
stands at Rs 11.82 viz-a-viz Rs 9.85 as on 30-Jun-2011.
The stock of the Mahindra and Mahindra Limited at BSE opened at 700.00 touched a high 728.25 and low 699.90 before closing at 722.75
gaining 3.92% over previous close. The trading volume for the stock at BSE stood at 343715 shares and at NSE stood at 2843435 shares.
BSE NSE
The stock shares 2.17% weight in Sensex. The BSE Sensex closed today at 17600.56 (0.01% loss) and Nifty closed at 5338.00 (0.02% gain).
Company Announcements
08-Aug-2012 01:51 PM Announces Q1 Results, Limited Review Report & Results Press Release for quarter ...
View Detailed Result
Follow us on This content is generated at www.finalaya.com and is governed by the Terms of Use.