Mahindra Q4 Profit Up 46 Percent as Vehicle Sales Soar 75 Percent YoY to Over 1.7 Lakh Units

Mahindra on Friday beat analysts' expectations as the company reported its second quarter profits. The firm saw a 46 oercent rise in profit, driven by strong demand for its passenger vehicles and farm equipment. Meanwhile, the company's vehicle sales soared 75 percent from a year ago to 174,098 units, it revealed on Friday.