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Mahindra's Net Profit Grows 42% To Rs. 1,268 Crore In Q3 FY2021

Highlights
Revenue for October-December 2020 period stood at Rs. 21,625.95 crore
Vehicle sales in the domestic market stood at 1,15,272 units
Mahindra & Mahindra (M&M) has released its financial results for the third quarter of Financial Year 2020-21. In the quarter that ended on December 31, 2020, the company's consolidated net profit stood at ₹ 1,268.23 crore, a massive 42 per cent growth compared to ₹ 891.54 crore profit registered by M&M during in Q3 FY2020. The company's consolidated revenue for October 2020 - December 2020 period stood at ₹ 21,625.95 crore, an 11 per cent growth compared the ₹ 19,430.29 crore revenue reported by the automaker for the same period in FY2020.
Mahindra reported that its net profit after tax, from continuing and discontinued operations stood at ₹ 704.39 crore

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