Mahindra & Mahindra Q4 net profit rises 6%
India’s largest utility vehicle and tractor maker Mahindra & Mahindra (M&M) on Monday reported a 6% year-on-year rise in net profit to ₹583.70 crore for the quarter ended March. Revenue grew by 14.5% to ₹10,800.8 crore on the back of a 14% jump in auto sales volumes to 1.4 lakh units and 12.2% growth in tractor sales to 43,321 units.