NEW DELHI, Oct 30 (Reuters) - India's largest tractor and utility vehicles maker, Mahindra & Mahindra, posted a profit for its second quarter on Wednesday, recovering from a loss a year earlier helped by a stake sale in an auto parts joint venture. The Bombay-based vehicle maker reported a net profit of 582.73 million rupees ($12 million) in July-September, compared with a loss of 26.72 million rupees in the year ago. Net sales jumped 7.9 percent to 8.21 billion rupees. Mahindra's ...
Premium Content (PAID Subscription Required)
"India's Mahindra posts Q2 profit vs loss year ago" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.