Mahindra and Mahindra Financial Services has posted a rise of 28% in its consolidated net profit of Rs 160 crore for the quarter ended December 31, 2011 as compared to Rs 125 crore for the quarter in the year ago period.
The company's total income has increased 42% to Rs 776 crore in the third quarter of FY12 from Rs 547 crore in corresponding period last year.
Shares of Mahindra & Mahindra Financial Services were trading at Rs 659.20 on the BSE, down 1.59% at the close of trading hours yesterday.
