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Mahindra and Mahindra Posts Rs 400 crore Net Profit

  •   Thu, Jul 30 2009 03:30:01 PM

IANS

Mumbai, Jul 30: Auto major Mahindra and Mahindra on Thursday reported a net profit of Rs.400.8 crore for the quarter ended June 30, up from Rs.159.3 crore in the like period last year.

The company's total income increased to Rs.4,266.1 crore as against Rs.3,331.8 crore, Mahindra said in a regulatory statement.

The results for the current quarter include the figures of the company's former subsidiaries, Mahindra Holdings and Finance Ltd and Punjab Tractors Ltd.

These companies merged with the parent firm in the June quarter. Hence, the figures of the current quarter are not comparable with those of the year-ago quarter, the statement added.

 
  

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