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Mahindra & Mahindra consolidated net profit declines 84.74% in the December 2019 quarter

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Capital Market

Sales decline 4.45% to Rs 25019.86 crore

Net profit of Mahindra & Mahindra declined 84.74% to Rs 199.94 crore in the quarter ended December 2019 as against Rs 1310.62 crore during the previous quarter ended December 2018. Sales declined 4.45% to Rs 25019.86 crore in the quarter ended December 2019 as against Rs 26185.47 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales25019.8626185.47 -4 OPM %13.6114.11 -PBDT2491.603007.60 -17 PBT877.011993.48 -56 NP199.941310.62 -85

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First Published: Feb 08 2020 | 3:26 PM IST

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