UPDATE1-India's Mahindra Q2 net soars; drought a concern


* Cost cuts, volumes boost net profit * Drought, rising raw material prices could hurt By Janaki Krishnan MUMBAI, Oct 29 (Reuters) - India's Mahindra & Mahindra Ltd on Thursday said quarterly net profit nearly trebled helped by cost cuts and strong sales but a weak monsoon and rising input costs could hurt going forward. The strong results sent its shares up as much as 5.6 percent on the day. At 0930 GMT the shares were up 4.5 percent at 933 rupees ($19.7) Net profit in the ...

Premium Content (PAID Subscription Required)

"UPDATE1-India's Mahindra Q2 net soars; drought a concern" 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!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×