M&M’s Q2FY24 Quarter Results

M&M reported 16% YoY revenue growth
  • 10 Nov 2023
  • M&M reported 1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended Sept (Q2FY24). On a year-on-year (YoY) basis, it witnessed a growth of 16%.
  • Its expenses for the quarter were up by 4% QoQ and 16% YoY.
  • The net profit decreased 33% QoQ and 18% YoY.
  • The earnings per share (EPS) of M&M stood at 21 during Q2FY24.

M&M’s Financial Statements for Q2FY24:

(Rs crores) Q2FY23 Q1FY24 Q2FY24 QoQ (%) YoY (%)
Total income30,13134,69935,0271%16%
Total expenses27,32930,49231,6804%16%
Profit before tax3,9434,4683,568-20%-10%
Profit after tax3,0213,6842,484-33%-18%
Earnings per share24.831.421.0

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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