Mahindra and Mahindra (M&M) Financial Services has posted a net profit of Rs 109.9 crore for the quarter ended March 31, 2009, 42 per cent higher than the Rs 76.9 crore net profit for for the corresponding quarter of previous year.
Total Income has increased by 10.3 per cent from Rs 364 crore for the quarter ended March 31, 2008 to Rs 401.5 crore for the quarter ended March 31, 2009, on a consolidated basis.
The Group has posted a net profit of Rs 219.6 crore for the year ended March 31, 2009, 21.25 per cent higher as compared to Rs 181.1 crore for the previous year. Total Income also has increased by 13.24 pr cent from Rs 1236.6 crore for the year ended March 31, 2008 to Rs 1400.4 crore for the year ended March 31, 2009.