Tata Consumer Products: The FMCG company reported a consolidated net profit of ₹74.35 crore for the fourth quarter ended March, helped by double-digit volume growth in its domestic business. Mahindra & Mahindra: The group has announced the setting up of an advanced design centre for mobility products in the UK. Mahindra Advanced Design Europe is being set up in the West Midlands, and the new Centre of Excellence will be a part of the Mahindra global design network that includes the Mahindra Design Studio in Mumbai, and Pininfarina Design in Turin (Italy). It had reported 65% decline in net profit at ₹2,926 crore for the quarter ended December. It had reported a 120% jump in consolidated net profit at ₹1,584 crore for the quarter ended 31 December.

Source: Mint May 07, 2021 02:26 UTC