Mahindra Q3 profit rises 12 per cent, matches estimates
Feb 14 2014 , Mumbai
Standalone profit was 9.34 billion rupees in the fiscal third quarter ended December, against 8.36 billion rupees a year earlier. Net sales fell 2 percent to 104.05 billion rupees at Mahindra, also the world's largest tractor company by sales volume.
Analysts, on average, had expected a profit of 9.39 billion rupees, according to Thomson Reuters I/B/E/S.