Mahindra & Mahindra shares gain 3% after Q2 profit jumps 25% to Rs 4,588 crore, revenue grows 25%
Mahindra & Mahindra shares rose after the company reported a 25% year-on-year jump in consolidated Q2 net profit to Rs 4,588 crore. Revenue also grew 25.4% to Rs 57,515 crore. Total expenses increased 25.9% to Rs 51,845 crore.
Mahindra & Mahindra (M&M) shares experienced a 3% increase on Friday, reaching an intraday peak of Rs 3,212 on the NSE. This rise came after the company announced a 25% increase in Q2 net profit to Rs 4,588 crore and a 25% growth in revenue for the same period. The net profit in Q2FY27 was Rs 4,588 crore, up from Rs 3,673.32 crore in the same quarter a year earlier.
Revenue from operations grew to Rs 57,514.98 crore, compared to Rs 45,885.40 crore in Q2FY26. Expenses increased by 25.9% YoY to Rs 51,845.48 crore, while total expenses rose 25.9% YoY to Rs 51,845.48 crore.
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