Axis Bank Q1 Results Highlights: Net Profit increases by 4% to ₹6,035 crore
Mahindra and Mahindra Q4 Results 2022: Net profit grew by 59.53% for Q4FY22
Last Updated: 10th December 2022 - 04:52 pm
On 28th May 2022, Mahindra and Mahindra announced its quarterly results for the last quarter of FY2022.
Key Highlights:
Q4FY22:
- Revenue from Operations for the quarter ended on 31st March 22 increased by 20.87% to Rs.25934.4 crore as compared to Rs.21455.98 crore in the corresponding period of the previous year.
- PBT registered a growth of 64.61% to Rs.3255.65 crore in Q4 FY22 as against Rs.1977.69 crore during Q4 FY21.
- PAT increased by 59.53% to Rs.2608.13 crore in Q4 FY22 as against Rs.1634.85 crore in Q4 FY21
FY22:
- Mahindra and Mahindra Limited recorded 21.39% increase in Revenue from Operations to Rs. 90170.57 crore in FY22 as against Rs.74277.78 crore in FY21
- Profit before Tax (PBT) increased by 75.06% to Rs.9361.77 in FY22 crore as against Rs.5347.73 crore in FY21.
- The Profit after Tax (PAT) increased by 95.92% to Rs.7253.01 crore in FY22 as against Rs.3701.92 crore in FY21
Segment Revenue:
- The automotive segment reported quarterly revenue at Rs.12492.8 crore with a growth of 46.89% YoY and for FY22 it reported revenue at Rs.37012.62 crore with a growth of 16%.
-The Financial Services segment reported quarterly revenue at Rs.2843.92 crore with a drop of 4.92% YoY and for FY22 it reported revenue at Rs.11209.23 crore with a drop of 6.51%
- The Farm equipment segment reported quarterly revenue at Rs.6178.29 crore with a drop of 6.28% YoY and for FY22 it reported revenue at Rs.27059.56 crore with a growth of 9.14%
- The Hospitality segment reported quarterly revenue at Rs.542.36 crore with a growth of 15.75% YoY and for FY22 it reported revenue at Rs.2059.25 crore with a growth of 17.89%
- The real estate segment reported quarterly revenue at Rs.162.79 crore with a growth of 163.11% YoY and for FY22 it reported revenue at Rs.397.28 crore with a growth of 116.3%
- The other segment reported quarterly revenue at Rs.4456.13 crore with a growth of 24.06% YoY and for FY22 it reported revenue at Rs.15108.25 crore with a growth of 31.07%
Disclaimer: Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.
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