Buoyed by a robust 40.30 per cent jump in its net profit for the last quarter, auto major Mahindra & Mahindra today said it will invest about Rs 8,600 crore in the next five years for various purposes.
The company today reported a net profit of Rs 562.39 crore for the quarter ended June 30 compared to Rs 400.85 crore in the corresponding quarter of the last fiscal.
The total income during the first quarter also increased by 21.63 per cent to Rs 5,160.10 crore from Rs 4,242.59 crore in the year ago period.
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