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Mahindra & Mahindra Q4 Net Profit at Rs 221.1 Crores

Mahindra & Mahindra Ltd has announced the results for the quarter & year ended March 31, 2008.

The Unaudited results for the Quarter ended March 31, 2008: The Company has posted a net profit from ordinarily activities after tax of Rs 2211.00 million for the quarter ended March 31, 2008 as compared to Rs 2552.30 million for the quarter ended March 31, 2007. Total Income has increased from Rs 27588.30 million for the quarter ended March 31, 2007 to Rs 31754.50 million for the quarter ended March 31, 2008.

The Audited results for the Year ended March 31, 2008: The Company has posted a net profit from ordinarily activities after tax of Rs 11033.70 million for the year ended March 31, 2008 as compared to Rs 10875.80 million for the year ended March 31, 2007. Total Income has increased from Rs 102212.40 million for the year ended March 31, 2007 to Rs 116716.40 million for the year ended March 31, 2008.

The Audited consolidated results for the Year ended March 31, 2008: The Group has posted a net profit after minority interest of Rs 15711.20 million for the year ended March 31, 2008 as compared to Rs 14971.50 million for the year ended March 31, 2007. Total Income has increased from Rs 178689.30 million for the year ended March 31, 2007 to Rs 244452.90 million for the year ended March 31, 2008.

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