Mahindra XUV700

Photo: Deccan Herald

Mahindra Increases Profit By 427% To INR 1,292 Cr For Fiscal Quarter March 2022

Mahindra & Mahindra announced 427% increase in its standalone profit (after exceptional items) to INR 1,292 crore for quarter ending March 2022 on May 28. In previous fiscal quarter, the firm posted PAT of INR 245 crore. As per the corporation, its automotive division has over 170,000 total open reservations, with XUV7OO leading the way with 78,000 open bookings. Board of directors declared a dividend of INR 11.55 per share. 

Sat, 28 May 2022 - 08:50 PM / by Vidhi Jhunjhunwala

Tags: Mahindra & Mahindra, Mahindra XUV700, PROFIT, FISCAL YEAR (3460, Car

Courtesy: Economic Times