Mumbai, Feb 10:
Mahindra & Mahindra Q3 standalone net profit has gone up by 33.29 per cent to Rs 1,112.27 cr and total revenue from operations were up 1.47 per cent at Rs 11,777.98 crore.
Consensus forecast for December quarter profit was Rs 869 crore.
Net profit in December quarter last year was Rs 834 crore as per Ind-AS; and total revenue from operations was Rs 11,607 crore.
The company says the auto industry was adversely imapcted in Q3 FY 2017 due to demonetisation.
The company shares were trading down by 0.92 per cent at Rs 1,280.10.
(This article was published on February 10, 2017)
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