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 Income21,73628,62830,0775%38%
Total Expenses18,71526,19527,2764%46%
Profit/loss before tax3,4452,8943,94336%14%
Profit/loss after tax2,4912,3613,02128%21%
Earnings per share17.419.724.8

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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