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

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

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