Mahindra & Mahindra shares rose on better-than-expected March quarter results, driven by strong farm equipment market share and automotive segment gains. While automotive demand is expected to continue, tractor volume growth may moderate due to a high base and anticipated weaker monsoon. Input cost pressures led to a sequential drop in Ebitda margin, despite price hikes.
Meesho Q4 Results: Co narrows loss by 88% YoY to Rs 166 crore, revenue jumps 47%
Meesho Q4 Results: Meesho significantly reduced its consolidated losses by 88% to Rs 166 crore in the March-ended quarter, while revenue from operations surged 47%