Mumbai: Homegrown auto major Mahindra & Mahindra (M&M) today reported 4.33 percent decline in standalone profit after tax (PAT) at Rs 946.63 crore for the second quarter ended September 30.
The auto major had posted a PAT of Rs 989.5 crore during the same period a year ago.
On a standalone basis, net sales during July-September quarter stood at Rs 9,418.10 crore, up 6.84 percent from Rs 8,814.33 crore earlier, Mahindra & Mahindra said in a filing to the BSE.
During the quarter under review, revenue from automotive segment stood at Rs 6,135.69 crore, an increase of 6.14 percent as compared to Rs 5,780.52 crore in same quarter a year ago.
While, revenue from farm equipment in Q2 of FY15 was at Rs 3,406.73 crore, up 8.23 percent as against Rs 3,147.64 in the corresponding year-ago period.
Shares of the company were trading 2.29 percent up at Rs 1,317.15 per scrip during afternoon session on the BSE.
