M&M + MVML Revenue Rs. 12,049 crore – up 18%
M&M + MVML PAT Rs. 1,253 crore – up 29%
Mumbai, November 11, 2016: The Board of Directors of Mahindra and Mahindra Limited today announced the unaudited financial results of the company for the quarter ended 30th September, 2016. The results are being published under the new Indian Accounting Standard (IND AS) which became applicable from 1st April 2016.
Q2 F2017 – M&M + MVML* Results
- Gross Revenues and Other Income Rs. 12,049 crore, up 18% YoY
- Profit from ordinary activities before tax Rs. 1,740 crore, up 34% YoY
- Profit from ordinary activities after tax Rs. 1,253 crore, up 29% YoY
- 114,795 vehicles sold, a YoY growth of 11.6%
- 52,287 utility vehicles sold, a YoY growth of 15.6%
- 57,863 tractors sold in the domestic market, a YoY growth of 36.9%
- Total exports of 15,181 numbers (11,385 vehicles & 3,796 tractors), a YoY growth of 13.3%
Q2 F2017 – M&M Standalone results
- Gross Revenues and Other Income Rs. 12,071 crore, up 17% YoY
- Profit from ordinary activities after tax Rs. 1,163 crore, up 27% YoY
H1 F-2017 – M&M + MVML Results
- Gross Revenues and Other Income Rs. 24,010 crore, up 16% YoY
- Profit from ordinary activities before tax Rs. 3,058 crore, up 25% YoY
- Profit from ordinary activities after tax Rs. 2,215 crore, up 23% YoY
H1 F-2017 – M&M Standalone results
- Gross Revenues and Other Income Rs. 24,231 crore, up 16% YoY
- Profit from ordinary activities after tax Rs. 2,118 crore, up 20% YoY
