UPDATE 1-India Mahindra Q3 up 52 pct as sales, prices rise

Newswire

(Adds details, background) By Arif Sharif BOMBAY, Jan 24 (Reuters) - Mahindra & Mahindra Ltd., India's biggest tractor and utility vehicles maker, met expectations with a 52.4 percent jump in quarterly profit on Monday, helped by rising sales and better prices in Asia's fourth-largest economy. Mahindra , formed in 1945 to make Chrysler Jeeps, has been boosted over the past 20 months by a recovery in India's tractor industry, the world's biggest, as steady crop output for two ...

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