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HomeBusinessMahindra & Mahindra Q2 PAT down 4.33pc at Rs. 946.63 cr

Mahindra & Mahindra Q2 PAT down 4.33pc at Rs. 946.63 cr

Homegrown auto major Mahindra & Mahindra (M&M) reported 4.33 per cent decline in standalone profit after tax (PAT) at Rs. 946.63 crore for the second quarter ended September 30.

The auto major had posted a PAT of Rs. 989.5 crore during the same period a year ago.

On a standalone basis, net sales during July-September quarter stood at Rs. 9,418.10 crore, up 6.84 per cent from Rs. 8,814.33 crore earlier, Mahindra & Mahindra said in a filing to the BSE.

During the quarter under review, revenue from automotive segment stood at Rs. 6,135.69 crore, an increase of 6.14 per cent as compared to Rs. 5,780.52 crore in same quarter a year ago.

While, revenue from farm equipment in Q2 of FY15 was at Rs. 3,406.73 crore, up 8.23 per cent as against Rs. 3,147.64 in the corresponding year-ago period.

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