Mahindra & Mahindra Q1 Results Live : profit falls by 6.44% YOY
Mahindra & Mahindra Q1 Results Live : Revenue increased by 10.79% YoY & profit decreased by 6.44% YoY
Mahindra & Mahindra Q1 Results Live : Mahindra & Mahindra declared their Q1 results on 31 Jul, 2024. The topline increased by 10.79% & the profit decreased by 6.44% YoY. As compared to the previous quarter the revenue grew by 4.63% and the profit increased by 19.19%.
The Selling, general & administrative expenses rose by 1.49% q-o-q & increased by 3.7% Y-o-Y.
The operating income was up by 13.57% q-o-q & increased by 29.4% Y-o-Y.
The EPS is ₹27.9 for Q1 which decreased by 11.14% Y-o-Y.
Mahindra & Mahindra has delivered 3.65% return in the last 1 week, 76.06% return in last 6 months and 68.14% YTD return.
Currently, Mahindra & Mahindra has a market cap of ₹348420.9 Cr and 52wk high/low of ₹3013.5 & ₹1415.75 respectively.
As of 01 Aug, 2024, out of 37 analysts covering the company, 1 analyst has given Sell rating, 3 analysts have given Hold rating, 21 analysts have given Buy rating & 12 analysts have given Strong Buy rating.
The consensus recommendation as on 01 Aug, 2024 was to Buy.
Mahindra & Mahindra Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 37010.06 | 35373.34 | +4.63% | 33406.44 | +10.79% |
| Selling/ General/ Admin Expenses Total | 2678.58 | 2639.17 | +1.49% | 2583.05 | +3.7% |
| Depreciation/ Amortization | 1247.77 | 1335.05 | -6.54% | 1127.5 | +10.67% |
| Total Operating Expense | 31014.71 | 30094.3 | +3.06% | 28773.24 | +7.79% |
| Operating Income | 5995.35 | 5279.04 | +13.57% | 4633.2 | +29.4% |
| Net Income Before Taxes | 4620.87 | 4030 | +14.66% | 4467.89 | +3.42% |
| Net Income | 3282.63 | 2754.08 | +19.19% | 3508.41 | -6.44% |
| Diluted Normalized EPS | 27.9 | 24.81 | +12.42% | 31.39 | -11.14% |
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