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HomeNewsM&M Q1 net profit, revenue rise 67% respectively; shares fall

M&M Q1 net profit, revenue rise 67% respectively; shares fall


Mahindra and Mahindra (M&M) reported Q1 FY23 results on Friday in which its standalone net profit rose more than 67% to 1,430 crore as compared to 855 crore year-on-year (YoY). Its revenue increased by 67% to 19,613 crore from 11,765 in the year-ago quarter.

Mahindra and Mahindra (M&M) shares fell from highs on the BSE after the Q1 results that came below estimates.

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