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Mahindra & Mahindra standalone net profit declines 19.79% in the June 2017 quarter

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Capital Market

Sales rise 4.84% to Rs 11575.71 crore

Net profit of Mahindra & Mahindra declined 19.79% to Rs 765.96 crore in the quarter ended June 2017 as against Rs 954.95 crore during the previous quarter ended June 2016. Sales rose 4.84% to Rs 11575.71 crore in the quarter ended June 2017 as against Rs 11040.79 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales11575.7111040.79 5 OPM %10.9411.72 -PBDT1440.431477.92 -3 PBT1096.561166.19 -6 NP765.96954.95 -20

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First Published: Aug 04 2017 | 4:51 PM IST

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