M&M Q4 profit beats estimates on one-time gain
May 30 2014 , New Delhi
Mahindra's net profit for the January-March quarter rose marginally to 8.97 billion rupees ($152 million) compared with 8.89 billion rupees a year earlier. Net sales rose about 4.7 percent to 108.38 billion rupees.
Analysts on average had expected the company to post a profit of 8.12 billion rupees, according to data from Thomson Reuters StarMine.