Mahindra & Mahindra standalone net profit declines 38.61% in the March 2015 quarter

Sales decline 13.16% to Rs 9411.52 crore

Net profit of Mahindra & Mahindra declined 38.61% to Rs 550.56 crore in the quarter ended March 2015 as against Rs 896.88 crore during the previous quarter ended March 2014. Sales declined 13.16% to Rs 9411.52 crore in the quarter ended March 2015 as against Rs 10837.89 crore during the previous quarter ended March 2014.

For the full year,net profit declined 11.63% to Rs 3321.11 crore in the year ended March 2015 as against Rs 3758.35 crore during the previous year ended March 2014. Sales declined 3.93% to Rs 38391.61 crore in the year ended March 2015 as against Rs 39963.36 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales9411.5210837.89 -13 38391.6139963.36 -4 OPM %9.578.36 -10.8711.81 - PBDT927.32920.76 1 4808.075179.98 -7 PBT683.01629.87 8 3833.174316.64 -11 NP550.56896.88 -39 3321.113758.35 -12

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