M&M Q1 Results: Strong volumes aid 23% revenue growth; Stock rises despite margin contraction
Mahindra & Mahindra's EBITDA margin for the quarter stood at 12.3%, a contraction of 200 basis points from last year's quarterly margin of 14.3%. The figure is also marginally lower than the CNBC-TV18 poll of 12.6%.
Mahindra & Mahindra's EBITDA margin for the quarter stood at 12.3%, a contraction of 200 basis points from last year's quarterly margin of 14.3%. The figure is also marginally lower than the CNBC-TV18 poll of 12.6%.
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