M&M Q4 results: declares dividend of ₹21.10, net profit rises 32% to ₹2,038 crore, revenue up 11% YoY

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As per the reports On Thursday Auto major Mahindra and Mahindra announced its quarter 4results. Company has reported a net profit of Rs 2,038 crore for the fourth quarter ended March 2024. This is an increase of 32% year-on-year (YoY) from Rs 1,549 crore in the last year quarter. Revenue from operations in the reporting period rose 11% YoY to Rs 25,109 crore, compared with Rs 22,571 crore in the corresponding period of last year. The Board has also recommended a dividend of Rs 21.10 (422%) per share.

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