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Mahindra & Mahindra Financial Services consolidated net profit declines 45.73% in the June 2017 quarter

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Capital Market

Sales rise 19.55% to Rs 1874.52 crore

Net profit of Mahindra & Mahindra Financial Services declined 45.73% to Rs 58.42 crore in the quarter ended June 2017 as against Rs 107.64 crore during the previous quarter ended June 2016. Sales rose 19.55% to Rs 1874.52 crore in the quarter ended June 2017 as against Rs 1567.92 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales1874.521567.92 20 OPM %49.1359.75 -PBDT104.33183.52 -43 PBT90.95171.36 -47 NP58.42107.64 -46

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First Published: Jul 24 2017 | 5:00 PM IST

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