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Mahindra Q1 net profit rises 34%, standalone earnings beat estimates
Mahindra & Mahindra announced a thirty-four percent profit increase for the fiscal first quarter. Robust demand for sport utility vehicles and tractors fueled this significant financial growth. Higher commodity costs, however, did impact the company's profit margins during this period. Group companies also provided strong financial contributions to the overall results. The company maintained its full-year financial guidance despite these challenges.
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thehindubusinessline.com
M&M Q1 FY27 Street expectations: Revenue seen up 19-24%; profit growth may stay muted
Profit growth is seen capped at 2.3% as higher input costs, richer EV mix and continued investments weigh on profitability, with Street estimates pointing to a 150-200 bps…
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economictimes.indiatimes.com
M&M Q1 Results: Standalone profit rises 7% YoY to Rs 3,685 crore; revenue jumps 23%
Mahindra and Mahindra (M&M) on Thursday reported 7% year-on-year (YoY) growth in its standalone net profit at Rs 3,685 crore.
