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UPDATE

Aug 05, 2022, 01.15 PM

M&M Q1 PAT rises 67%

The company's operating Margin stood at 11.9%.

The company has achieved quarterly standalone revenue for Auto and Farm Segments at Rs. 18,995 crore.

The Board of Directors of Mahindra & Mahindra Limited today approved the financial results for the quarter ended 30th June 2022 of the Company and the consolidated Mahindra Group.

The company's net profit stood at Rs 1,430 crores, up 67%, while operating Margin stood at 11.9%.

The company has achieved quarterly standalone revenue for Auto and Farm Segments at Rs. 18,995 crore.

Dr. Anish Shah, Managing Director & CEO, M&M Ltd, said, “Our performance this quarter is a reflection of the focus on delivering on our commitments to our stakeholders and customers. We saw good momentum
across all our group companies, led by the strong results of the Auto and Farm sector.”

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