M&M Q3 profit rises 32.62% on strong SUV, farm demand
Mahindra & Mahindra (M&M) reported a 32.62% YoY increase in standalone net profit and a 26.13% YoY increase in revenue from operations. However, there was a 13.03% decline in net profit on a sequential basis. The company's automotive and farm equipment businesses were the key contributors, while an exceptional item loss of Rs 292.94 crore was reported.