Mahindra and Mahindra unveils Q4 FY 2018 results

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Mahindra & Mahindra (M&M), one of the largest vehicle manufacturers in the country, announced the results for the last quarter of the Fiscal Year (FY) 2018. In what looked like a successful quarter for the company, a profit of Rs.1,155 crore was recorded.

Mahindra-and-Mahindra
The sale of Mahindra and Mahindra vehicle sales increased by 20%.

In the press release made available to all stakeholders and the media, the company stated that it saw a 64% year-on-year (YOY) growth in profit (calculated after taxes). This figure stood at Rs.770 crore for Q4 FY 2017. Revenues rose by 24%, to Rs.13,355 crore for Q4 FY 2018 as opposed to Rs.10,795 crores in FY 2017. The figures include the performance of both Mahindra & Mahindra (M&M) and Mahindra Vehicle Manufacturers Limited (MVML).

Further, the number of vehicles sales over this period increased by 20% to 1,56,453 as compared to 1,30,778 sales over the same quarter of the previous year. The group, known for being the largest tractor manufacturers in the world, also registered an increase in the sale of the said vehicle. The tractor sales figures rose by 44% to 66,885, compared to 46,583 sales during the same quarter of the preceding year.

Q4 FY 2018 Results – M&M and MVML

Particulars Q4 FY 2018 Q4 FY 2017 YOY Growth
Revenues (In Crores) Rs.13,355 Rs.10,795 24%
Profits before Tax (In Crores) Rs.1672 Rs.931 80%
Profits after Tax (In Crores) Rs.1155 Rs.770 50%
Vehicle Sales 1,56,453 1,30,778 20%
Tractor Sales 66,885 46,583 44%

 

Mahindra and Mahindra (M&M) and Mahindra Vehicle Manufacturers Limited (MVML) are both parts of the Mahindra Group, an Indian conglomerate which has its presence in various fields like farming equipment, defense, aerospace, automobiles, IT, real state, etc.

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