Mahindra & Mahindra Ltd Q2 net profit down 2.78 percent
November 14th, 2011 - 10:38 pm ICT by IANSMumbai, Nov 14 (IANS) Mahindra & Mahindra Ltd Monday posted 2.78 percent decline in net profit at Rs.737.38 crore for the quarter ended Sep 30 as against Rs.758.49 crore during the same period of the previous financial year.
The total income however increased 35 percent at Rs.7,592.14 crore during the quarter under review as against Rs.5,634.13 crore during the same period of the previous fiscal, the company said in a regulatory filing.
The company also said that it suffered a foreign exchange net loss of Rs.320 million due to the rupee’s sharp fall towards the end of the quarter under review.
At the Bombay Stock Exchange, the shares of the company closed 5.73 percent at Rs.790.40.
- M & M's Q2 net profit up 7.90 percent - Oct 29, 2010
- Sensex closes 74 points down; auto, realty stocks slump - Nov 14, 2011
- Hindalco Industries quarterly net profit drops 2 percent - Feb 09, 2012
- LIC Housing Finance quarterly profit up - Jan 30, 2012
- Tech Mahindra Q2 consolidated net profit rises 59.6 percent - Nov 15, 2011
- Mahindra Satyam net profit at Rs.534 crore - May 17, 2012
- TVS Motor's third quarter net profit up 1.39 percent - Jan 31, 2012
- Mahindra and Mahindra's Q4 net up 44.17 percent - May 30, 2012
- GAIL's second quarter net up 18.50 percent - Oct 24, 2011
- NIIT quarterly net profit up marginally - Jul 22, 2011
- SpiceJet's third quarter net loss at Rs.39.26 crore - Feb 06, 2012
- IDBI Bank quarterly net profit rises to Rs.770.78 crore - Apr 21, 2012
- NTPC quarterly net profit rises 15 percent - Oct 25, 2011
- Mahindra & Mahindra net profit rises 6.36 percent - May 30, 2011
- Tata Teleservices: Net loss is Rs.119.32 crore - Jul 26, 2011
Tags: bombay stock exchange, crore, decline, foreign exchange, mahindra, net profit, rupee