Mahindra & Mahindra Profit Drops To Rs 1,355 Crore in September Quarter

The country's largest tractor maker - Mahindra & Mahindra along with its subsidiary Mahindra Vehicle Manufacturers Limited (MVML) on Friday reported net profit of Rs. 1,355 crore as against profit of Rs. 1,778.75 crore in the same quarter last year. The profit in the September quarter of 2018, contained an exceptional item of Rs 137.51 crore. After adjusting for exceptional item Mahindra & Mahindra along with MVML's profit declined 1...