Mahindra & Mahindra Financial Services consolidated net profit declines 28.37% in the September 2015 quarter

Sales rise 7.58% to Rs 1578.90 crore

Net profit of Mahindra & Mahindra Financial Services declined 28.37% to Rs 157.11 crore in the quarter ended September 2015 as against Rs 219.35 crore during the previous quarter ended September 2014. Sales rose 7.58% to Rs 1578.90 crore in the quarter ended September 2015 as against Rs 1467.61 crore during the previous quarter ended September 2014. ParticularsQuarter EndedSep. 2015Sep. 2014% Var.Sales1578.901467.61 8 OPM %61.1267.94 -PBDT263.95353.09 -25 PBT252.85342.06 -26 NP157.11219.35 -28

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