Mahindra & Mahindra standalone net profit rises 19.93% in the March 2017 quarter

Sales rise 3.34% to Rs 11125.15 crore

Net profit of Mahindra & Mahindra rose 19.93% to Rs 725.16 crore in the quarter ended March 2017 as against Rs 604.63 crore during the previous quarter ended March 2016. Sales rose 3.34% to Rs 11125.15 crore in the quarter ended March 2017 as against Rs 10765.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 23.44% to Rs 3955.65 crore in the year ended March 2017 as against Rs 3204.57 crore during the previous year ended March 2016. Sales rose 7.12% to Rs 43785.36 crore in the year ended March 2017 as against Rs 40875.07 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11125.1510765.77 3 43785.3640875.07 7 OPM %8.449.99 -10.8911.30 - PBDT1202.041144.08 5 5966.205283.82 13 PBT859.54823.46 4 4639.044215.72 10 NP725.16604.63 20 3955.653204.57 23

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