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SUVs drive up M&M Q2 net profit by 25%

NEW DELHI: Mahindra & Mahindra’s consolidated net profit rose 25% to Rs 4,588 crore in the Sept quarter, as strong growth in its automobile business offset a decline in farm earnings. Revenue increased 25% to Rs 57,553 crore.Mahindra’s auto business reported a 55% increase in consolidated profit to Rs 2,388 crore, with revenue rising 39% […]
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