Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
272
nda:
Needmore seats to Win
Needmore seats to Win
upa:
»
1-min read

Mahindra & Mahindra First-Quarter Profit Falls About 20 Percent

Excluding the impact of the Goods and Services Tax that kicked in from July 1, the company earned a profit of 8.60 billion rupees.

Reuters

Updated:August 5, 2017, 4:33 PM IST
facebookTwittergoogleskypewhatsapp
Mahindra & Mahindra First-Quarter Profit Falls About 20 Percent
Mahindra Logo. (File Photo: Reuters)
Mahindra & Mahindra Ltd posted an about 20 percent fall in quarterly profit on Friday, missing estimates, as sales growth in passenger vehicles slowed ahead of the transition to a new nationwide tax. Profit after tax was 7.66 billion rupees ($120.31 million) in the first quarter ended June 30, compared with 9.55 billion rupees a year earlier, the company said. Excluding the impact of the Goods and Services Tax that kicked in from July 1, the company earned a profit of 8.60 billion rupees.

Analysts on average had expected a profit of 8.93 billion rupees, according to Thomson Reuters data.

Also Watch: Honda Africa Twin Review


(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Manav Sinha
Read full article
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 

Live TV

Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results