Dear Sir/ Ma'am,
Greetings!
Please find enclosed the following press release and high resolution picture from Mahindra & Mahindra
M&M + MVML Q4 F2016 Net Revenue grows by 13% and PBT grows by 26%
Key Highlights
· The Gross Revenues and Other Income of the Combined Entity for the quarter ended 31st March 2016 is Rs. 11669 crore as against Rs. 10064 crore in the corresponding quarter of the previous year – a growth of 16%.
· The Profit before tax and exceptional item for the current quarter is Rs. 931 crore as against Rs 740 crore in the corresponding quarter of the previous year – a growth of 26%.
· The Net Profit after tax before exceptional items for the current quarter is Rs. 662 crore as against Rs. 550 crore in the corresponding quarter of the previous year – a growth of 20.5%.
· The Net Profit after tax after exceptional item is Rs 668 crore for the current quarter as against Rs 586 crore for the corresponding quarter of the previous year – a growth of 14%.
Picture Caption : Left to Right : Mr V.S. Parthasarathy, Chief Financial Officer, Mahindra & Mahindra Ltd and Dr Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd addressing the press conference on the company's financial results for FY2015-16 in Mumbai.
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