M&M Q3 profit climbs 40% to Rs 530 crore
Fri, Feb 5, 2021 2:49 PM

M&M Q3 profit climbs 40% to Rs 530 crore

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Mahindra & Mahindra on February 5 reported a massive 39.6% YoY growth in profit at Rs 530 crore for the Q3-2020. The company had an exceptional loss of Rs 1,213.98 crore for the December quarter, representing impairment provisions for certain long-term assets and other exposures. Revenue from operations grew by 16% YoY to Rs 14,056.5 crore in Q3FY21, with strong tractor volumes.

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