Mahindra & Mahindra reports consolidated net profit of Rs 1070.16 crore in the March 2021 quarter

Sales rise 31.51% to Rs 21455.98 crore

Net profit of Mahindra & Mahindra reported to Rs 1070.16 crore in the quarter ended March 2021 as against net loss of Rs 1334.58 crore during the previous quarter ended March 2020. Sales rose 31.51% to Rs 21455.98 crore in the quarter ended March 2021 as against Rs 16314.72 crore during the previous quarter ended March 2020.

For the full year,net profit rose 1326.71% to Rs 1812.49 crore in the year ended March 2021 as against Rs 127.04 crore during the previous year ended March 2020. Sales declined 1.46% to Rs 74277.78 crore in the year ended March 2021 as against Rs 75381.93 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales21455.9816314.72 32 74277.7875381.93 -1 OPM %15.849.67 -15.4613.48 - PBDT2663.62393.99 576 7694.576192.57 24 PBT1813.47-440.18 LP 4316.462825.89 53 NP1070.16-1334.58 LP 1812.49127.04 1327

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