Nov 5
Earnings call
Revenue and profit rise 25%; tractor outlook turns flattish
Mahindra and Mahindra Limited reported revenue of ₹57,553 crores and profit after tax of ₹4,588 crore, both up 25%, with ROE at 21%. It cut the full-year tractor industry outlook from Plus 5 to flattish as monsoon reached 87% of LPA.