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How is Mahindra Gearing Up For FY23 | Dr. Anish Shah, M&M
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Mahindra & Mahindra (M&M) on Saturday reported a 17% year-on-year rise in standalone profit (before exceptional items) at Rs 1,167 crore for the March quarter compared with Rs 998 crore in the same quarter last year. After accounting for exceptional items, profit rose 427% to Rs 1,292 crore from Rs 245 crore in the same quarter last year. The standalone revenue for the quarter increased 28% to Rs 17,124 crore from Rs 13,356 crore in the corresponding quarter last year. Dr. Anish Shah, Managing Director & CEO, M&M Ltd, said, "Our performance in Q4 and FY22 underscores the resilience of our business model.” Watch to know more.
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