UPDATE 1-India's Mahindra posts Q2 profit vs loss year ago


(Adds quote, details, throughout) NEW DELHI, Oct 30 (Reuters) - Mahindra & Mahindra Ltd , India's largest tractor and utility vehicles maker, posted a second-quarter profit on Wednesday, helped by one-time income from a stake sale in an auto parts joint venture. The Bombay-based firm, which said its outlook remained challenging due to a recession in the tractor sector, reported net profit of 582.73 million rupees ($12 million) in July-September, compared with a loss of 26.72 million ...

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