Mahindra & Mahindra Q4 Results: Standalone net profit rises 22.1% to Rs 1,549 crore; 325% dividend announced

Mahindra & Mahindra’s standalone revenue from operations jumped 31% to 22,571.37 crore in Q4FY23 from Rs 17,237.76 crore in the same period a year ago. The auto-maker has also announced a dividend payout of Rs 16.25 per equity share of the face value of Rs 5 each.