M&M Q4 PAT grows 18% on robust performance
Business Standard|May 27, 2023
Annual net profit up 56% to all-time high of ₹10,282 crore
NITIN KUMAR
M&M Q4 PAT grows 18% on robust performance

Mahindra & Mahindra (M&M) posted an 18 per cent rise in consolidated profit after tax to ₹2,637 crore for the fourth quarter of 2022-23, on the back of robust performance across the automotive, farm equipment, and financial services verticals. The Mumbai-based auto major reported a profit after tax (PAT) of ₹2,237 crore in the corresponding quarter a year ago.

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