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Earnings

M&M Q1FY21 earnings: What to expect?

Updated : August 07, 2020 01:38 PM IST

Mahindra and Mahindra (M&M) will report Q1FY21 earnings today. This quarter is expected to be a washout because of the lockdown, with one-third of the quarter seeing close to zero sales and demand picking up only June onwards.

For Q1, the street is expecting the revenues to fall by about 57 percent to come in at around Rs 5,472 crore, EBITDA to fall by 64 percent while profits are seen falling by almost 80 percent.

CNBC-TV18’s Sonia Shenoy lists out the key expectations.
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