The company's income has increased from the previous year.
Mumbai: Auto major Mahindra and Mahindra on Thursday reported a net profit of Rs 400.8 crore for the quarter ended on June 30, up from Rs 159.3 crore in the like period last year.
The company's total income increased to Rs 4,266.1 crore as against Rs 3,331.8 crore, Mahindra said in a regulatory statement.
The results for the current quarter include the figures of the company's former subsidiaries, Mahindra Holdings and Finance Ltd and Punjab Tractors Ltd.
These companies merged with the parent firm in the June quarter. Hence, the figures of the current quarter are not comparable with those of the year-ago quarter, the statement added.
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