Sales rise 41.18% to Rs 0.24 crore
Sales rise 51.07% to Rs 335.44 crore
Sales rise 8.87% to Rs 15.22 crore
The consolidated revenue for Q3FY22 was Rs14,804 lakh, reflecting a decline of 3% yoy as compared to Rs15,261 lakh in the previous corresponding quarter.
This decision of MPC is extremely welcome for the Indian real estate sector, Dr. Samantak Das, Chief Economist, and Head, Research and REIS, India, JLL says.
The RBI must also be complimented for its smart and nimble liquidity management system, ASSOCHAM Secretary General Mr Deepak Sood.
M&M’s sales witnessed a minor decline year-on-year (YoY). During the December 2021 quarter, it sold 1,18,174 vehicles and 91,769 tractors.
Fitch forecasts group revenue and EBITDA to increase by 10%-15% and 25-28%, respectively, in FY22; 9MFY22 revenue and EBITDA rose by 14% and 25% yoy, respectively, on solid growth in the Indian wireless and African businesses.
The MPC further expects inflation to peak out in current quarter and expects price pressures to decrease in coming months, Avnish Jain says.
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