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M&M likely to post 20% revenue growth

Thehindubusinessline · 1y

Indian automaker Mahindra & Mahindra (M&M) is expected to report a strong growth in revenue and automobile volume. Analysts predict a 20% increase in revenue compared to the same period last year and a 6% sequential growth. The company's revenue share in the tractor segment is expected to rise to 26% in the December quarter. However, profit after tax (PAT) is expected to grow by 5% YoY but fall by 26% sequentially. Analysts will closely monitor pricing actions and demand trends to gauge the company's performance.