M&M Q4 preview: Profit may surge over 300%; margins may contract QoQ

According to the monthly sales update provided by the company, Mahindra & Mahindra sold a total of 202,223 units in Q4FY21, up 33.3 per cent from the 151,713 units sold in the year-ago quarter

Mahindra & Mahindra (M&M) is likely to report a healthy performance for the March quarter results of FY21 (Q4FY21), which are scheduled to be announced on Friday, analysts said. They expect the utility vehicles and farm equipment major to report up to 330 per cent year-on-year (YoY) growth in net profit, helped by increase in volume and average selling price (ASPs). However, operating margins are expected to decline amid rise in commodity prices.

According to the monthly sales update provided by the company, Mahindra & Mahindra sold a total of 202,223 units in Q4FY21, up 33.3 per cent from the