M&M’s Q2FY23 Quarter Results
M&M’s revenues grew 38% YoY
- 11 Nov 2022
- M&M reported 5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 38%.
- Its expenses for the quarter were up by 4% QoQ and 46% YoY.
- The net profit increased by 28% QoQ and 21% YoY.
- The earnings per share (EPS) of M&M stood at 24.8 during Q2FY23.
M&M’s Financial Statements for Q2FY23:
| (Rs, crores) | Q2FY22 | Q1FY23 | Q2FY23 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 21,736 | 28,628 | 30,077 | 5% | 38% |
Total Expenses | 18,715 | 26,195 | 27,276 | 4% | 46% |
Profit/loss before tax | 3,445 | 2,894 | 3,943 | 36% | 14% |
Tax | 954 | 533 | 922 | 73% | -3% |
Profit/loss after tax | 2,491 | 2,361 | 3,021 | 28% | 21% |
Earnings per share | 17.4 | 19.7 | 24.8 |
Data Source: BSE, Company announcements
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