Mahindra & Mahindra Financial Services consolidated net profit declines 11.72% in the September 2017 quarter

Sales rise 15.02% to Rs 1979.16 crore

Net profit of Mahindra & Mahindra Financial Services declined 11.72% to Rs 100.68 crore in the quarter ended September 2017 as against Rs 114.05 crore during the previous quarter ended September 2016. Sales rose 15.02% to Rs 1979.16 crore in the quarter ended September 2017 as against Rs 1720.64 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales1979.161720.64 15 OPM %52.3856.49 -PBDT187.99203.20 -7 PBT175.11190.69 -8 NP100.68114.05 -12

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