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 income | 30,131 | 34,699 | 35,027 | 1% | 16% |
Total expenses | 27,329 | 30,492 | 31,680 | 4% | 16% |
Profit before tax | 3,943 | 4,468 | 3,568 | -20% | -10% |
Tax | 922 | 784 | 1,084 | 38% | 18% |
Profit after tax | 3,021 | 3,684 | 2,484 | -33% | -18% |
Earnings per share | 24.8 | 31.4 | 21.0 |
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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