Mahindra & Mahindra Q3 FY24 Results Live : profit falls by 0.68% YOYMutual FundMahindra & Mahindra Q3 FY24 Results Live : profit falls by 0.68% YOY

Mahindra & Mahindra Q3 FY24 Results Live : profit falls by 0.68% YOY


Mahindra & Mahindra declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 15.02% & the profit decreased by 0.68% YoY.

As compared to the previous quarter the revenue grew by 2.73% and the profit increased by 13.23%.

The Selling, general & administrative expenses declined by 1.09% q-o-q & increased by 9.15% Y-o-Y.

The operating income was up by 13.16% q-o-q & increased by 8.28% Y-o-Y.

The EPS is 23.76 for Q3 FY24 which increased by 16.49% Y-o-Y.

Mahindra & Mahindra has delivered -3.72% return in the last 1 week, 5.5% return in last 6 months and -4.18% YTD return.

Currently the Mahindra & Mahindra has a market cap of 198408.9 Cr and 52wk high/low of 1758 & 1123.4 respectively.

As of 16 Feb, 2024 out of 35 analysts covering the company, 3 analysts have given Hold rating, 16 analysts have given Buy rating &16 analysts have given Strong Buy rating.

The consensus recommendation as on 16 Feb, 2024 was to Strong Buy.

Mahindra & Mahindra Financials

Period Q3 FY24 Q2 FY24 Q-o-Q Growth Q3 FY23 Y-o-Y Growth
Total Revenue 35218.32 34281.2 +2.73% 30620.19 +15.02%
Selling/ General/ Admin Expenses Total 2686.28 2715.83 -1.09% 2461.13 +9.15%
Depreciation/ Amortization 1122.59 1138.64 -1.41% 1110.16 +1.12%
Total Operating Expense 30198 29844.58 +1.18% 25983.91 +16.22%
Operating Income 5020.32 4436.62 +13.16% 4636.28 +8.28%
Net Income Before Taxes 3912.2 3567.7 +9.66% 3731.71 +4.84%
Net Income 2658.4 2347.75 +13.23% 2676.56 -0.68%
Diluted Normalized EPS 23.76 20.99 +13.2% 20.4 +16.49%

FAQs

Question : What is the Q3 FY24 profit/Loss as per company?

Ans : ₹2658.4Cr

Question : What is Q3 FY24 revenue?

Ans : ₹35218.32Cr

Stay updated on quarterly results with our results calendar

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Published: 16 Feb 2024, 03:07 AM IST

Disclaimer: Along with publishing our own news, we get news from various sources namely from news wires ANI, PTI, other reputed finance portals and individual journalists. We are not legally liable for any inaccuracies in the news and expect the reader to do their own due diligence.

http://ganesh@finplay.in

Finance enthusiast, Mutual fund expert.




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