Mahindra and Mahindra reported a 9.7% increase in net profit for the second quarter to Rs 989.5 crore, despite a 9% decline in net sales to Rs 89,295.70 crore. The automaker's net profit margin improved to 11.08% from 9.19% in the prior year, while earnings per share grew to Rs 16.76 from Rs 15.30. Trading volume of the company's stock rose at both the BSE and NSE exchanges.

1. M&M's Q2 Net surges 9.7% to Rs 989.5 crore
Mahindra and Mahindra Ltd | Quarterly Result as on 30-Sep-2013 | 13-Nov-2013
For the period, the Mahindra and Mahindra Ltd reported Net Sales of Rs 89295.70 million and Net Profit of Rs 9895.00 million. While Net
Sales declined by 9.00%, Net Profit grown by 9.72% and thereby NPM improved to 11.08% as compared to 9.19% during same period
previous FY Equity Capital for the period under consideration has increased by 0.07% and stands at Rs 2951.60 million. EPS as on 30-Sep.
2013 stands at Rs 16.76 viz-a-viz Rs 15.30 as on 30-Sep-2012.
The stock of the Mahindra and Mahindra Ltd at BSE opened at 884.00 touched a high 900.00 and low 875.00 before closing at 895.30 gaining
1.83% over previous close. The trading volume for the stock at BSE stood at 245158 shares and at NSE stood at 2110595 shares.
BSE
NSE
The stock shares 2.35% weight in S&P BSE Sensex. The S&P BSE Sensex closed today at 20194.40 (0.43% loss) and CNX Nifty closed at
5989.60 (0.47% loss).
Company Announcements
13-Nov-2013 01:55 PM Updates on Outcome of Board Meeting
13-Nov-2013 01:53 PM Outcome of Board Meeting
13-Nov-2013 01:41 PM Announces Q2 results, Results Press Release & Limited Review Report for the Quar...
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