Latest SML Mahindra Limited News & Updates

SML Mahindra Limited Reports 5.1% Decline in Q1 Net Profit

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Mumbai, July 20 (IANS) Mahindra Group-owned SML Mahindra Limited on Monday reported a 5.1 per cent year-on-year (YoY) decline in its consolidated net profit to Rs 64 crore for the first quarter of FY27.The company had posted a net profit of Rs 67 crore in the corresponding quarter of the previous financial year (Q1 FY26), according to its stock exchange filing.Revenue from operations rose 13.2 per cent year-on-year to Rs 957 crore in the April-June quarter from Rs 846 crore a year ago, it added …