Analysts had been anticipating a revenue of 17.61 billion rupees. (File)
Bengaluru:
Carmaker Mahindra and Mahindra Ltd reported a smaller-than-expected rise in third-quarter revenue on Friday, as greater bills offset sturdy demand for its passenger vehicles.
Mahindra, which is thought for XUV, Thar and Scorpio vehicles, stated revenue rose to fifteen.28 billion rupees ($185.2 million) within the three months ended Dec. 31, from 13.35 billion a yr earlier.
Analysts had been anticipating a revenue of 17.61 billion rupees, in accordance with Refinitiv IBES knowledge.
(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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