Reuters: Money News: Mahindra profit rises 29 percent on tractor demand

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Mahindra profit rises 29 percent on tractor demand Aug 14th 2013, 00:38 MUMBAI (Reuters) - Mahindra & Mahindra Ltd, India's biggest utility vehicle manufacturer, expects strong demand for its tractors to offset falling sales of its sport utility vehicles as it posted a forecast-beating 29 percent rise in first-quarter profit.

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