India's largest multi-utility vehicles maker Mahindra & Mahindra Ltd (M&M) said
its fourth quarter net profit rose 89%, mainly due to special adjustments made
on its acquisition of Punjab Tractors Ltd.
In a filing to the Bombay Stock Exchange, M&M said, for the quarter to
end-March, its net profit rose to Rs4.2 billion from Rs2.2 billion as total
revenues, including sales, grew...