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01-Aug-2024

Mahindra & Mahindra

OP up 15.97%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Mahindra & Mahindra has increased 9.81% to Rs 37217.72 crore compared to quarter ended June 2023.  Sales of Automotive segment has gone up 16.34% to Rs 19,776.29 crore (accounting for 51.74% of total sales).  Sales of Farm Equipment segment has gone down 0.00% to Rs 9,710.81 crore (accounting for 25.41% of total sales).  Sales of Financial Services segment rose 20.65% to Rs 4,280.33 crore (accounting for 11.20% of total sales).  Sales of Industrial Businesses & Consumer Services segment has gone down 0.90% to Rs 4,456.05 crore (accounting for 11.66% of total sales).  Inter-segment sales rose Rs 861.80 crore to Rs 1,005.76 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 15.46% to Rs 4,613.74 crore.  PBIT of Automotive segment rose 44.81% to Rs 1,786.87 crore (accounting for 38...



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