InvestorQ : How do you see the Mar-21 quarter results of Mahindra & Mahindra?
Dhwani Mehta made post

How do you see the Mar-21 quarter results of Mahindra & Mahindra?

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Dilmini Mercia answered.
2 months ago
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Mahindra & Mahindra reported net profits of Rs.163 crore for the March quarter of 2020-21 due to the impact of a one-time loss of Rs.840 crore. M&M had reported a net loss of Rs.3,255 crore in the Mar-20 quarter, so it still reflects a turnaround. M&M's also reported 48% growth in its total revenues at Rs.13,338 crore for the Mar-21 quarter. It has also declared its highest ever dividend pay-out at Rs.8.75 per share in the financial year 2020-21.

Mahindra & Mahindra reported EBITDA at Rs.1,960 crore resulting in the EBITDA margins expanding by 110 basis points to 14.7%. This was achieved despite an upswing in commodity prices. In this performance, M&M was aided by strong margins and turnaround of its global subsidiaries. Despite strong global demand, M&M admitted that the global shortage of semi-conductors had impacted the production and sales during the Q4 quarter.

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