Automobile manufacturer Mahindra and Mahindra (M&M) on Friday reported a rise of 27.08 per cent in its standalone net profit for the second quarter of the current fiscal.
According to the company, its Q2 standalone net profit stood at Rs 1,163.27 crore -- up from Rs 915.38 crore for the quarter ended September 30, 2015.
The company informed the BSE in a regulatory filing that its total income during the quarter under review increased by 16.98 per cent to Rs 12,071.13 crore from Rs 10,318.43 crore earned during the corresponding period of last fiscal.
--IANS
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