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Mahindra & Mahindra Posts 24% Jump In Q2 Profit

Mahindra & MahindraMahindra & Mahindra
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Mahindra Vehicle Manufacturers, stood at Rs. 1,649 crore in
Q2

Mahindra & Mahindra Posts 24% Jump In Q2 Standalone
profit after tax, which does not include the share of profit. Mahindra &
Mahindra reported a 6.6% increase in revenue from operations. Revenue from
operations grew 6.6 per cent to Rs. 12,989 crore.

Standalone profit after tax, which does not include the
share of profit from unit Mahindra Vehicle Manufacturers, stood at Rs. 1,649
crore ($228.28 million) for its fiscal second quarter that ended September 30,
compared with Rs. 1,332 crore a year earlier.

At 2:12 pm, shares in M&M traded 1.7 per cent lower atRs. 777 apiece on the NSE, whose benchmark index Nifty was down 0.2 per cent at10,562.

($1 = Rs. 72.2350)

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