• Mahindra & Mahindra (M&M) reported a 12% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended September (Q2FY22). On a year-on-year (YoY) basis, the same grew by 11%.
  • Its expenses for the quarter were down by 8% QoQ and up by 7% YoY.
  • The company reported a net profit of Rs 2,491 crore in Q2FY22 as against Rs. 789 crore in Q2FY21.
  • The earnings per share (EPS) of M&M stood at 17.4 during Q2FY22.

M&M’s Financial Statements for Q2FY22:

(Rs, crores) Q2FY21 Q1FY22 Q2FY22 QoQ (%) YoY (%)
Total Income 19,509 19,368 21,736 12% 11%
Total Expenses 17,531 20,286 18,715 -8% 7%
Profit/loss before tax 1,451 -550 3,445 - 137%
Tax 662 -218 954 - 44%
Profit/loss after tax 789 -332 2,491 - 216%
Earnings per share 1.2 3.8 17.4    

Data Source: BSE, Company announcements

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