M&M net profit jumps 26%

The company looks optimistic and said that the macroeconomic environment has improved over the last three months. "Global risks to growth have abated for now, bringing considerable relief. Macroeconomic developments on the domestic front have also been equally encouraging," said the company.

M&M's shares fell by 1.4 per cent to close at Rs 882.8 on Friday.

Fast track

* The rise in revenue and profit was largely driven by growth in the auto segment which saw its revenue rise up by 44% Q-o-Q

* M&M also witnessed 28.5% jump in its total income from operations at Rs 10,774 crore

* The company saw its total expenses grow by 28.9% during the quarter at Rs 9,741 crore over the same period last year

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