Mahindra & Mahindra Ltd.'s profit misses estimates Mahindra and Mahindra (M&M;) posted strong financials for the first quarter ended June 2018 with profit rising over 67%. The company posted a profit of Rs 1,257.22 crore against Rs 751.76crore it posted during the same quarter last year. Revenues were higher by 23% at Rs 13,357.66crore against Rs 10,877.54 crore year on year.Big rise in other income helped fuel the bottoline growth further in addition to good performance at the operating level. Performance was supported by both automotive and tractor business.Total auto sales (passenger and commercial vehicles) during the quarter improved 19.6% to 1.39 lakh units...