Mahindra & Mahindra on Wednesday reported a standalone net profit of Rs 955 crore in the June quarter, beating Street estimates. Net sales rose 14 per cent to Rs 11,942 crore. M&M’s tractor division outperformed, with sales rising 21 per cent to 71,785 units Religare Securities said M&M’s Q1 numbers are operationally “in line”. Standalone EBITDA margin came in tad above estimate at 11.6 per cent, while margins for...