EBIT of Mahindra and Mahindra FY 2018-2024
In fiscal year 2022, earnings before interest and taxes of Mahindra and Mahindra Limited was over 45.9 billion Indian rupees. The company's core business faced challenges in the form of a cyclical downturn in tractor demands as well as from the COVID-19 pandemic. It was estimated that the EBIT value of the company would rise to the pre-COVID level only in fiscal year 2024.