Mahindra & Mahindra Financial Services net profit declines 18.02% in the December 2013 quarter

Sales rise 27.15% to Rs 1265.81 crore

Net profit of Mahindra & Mahindra Financial Services declined 18.02% to Rs 164.15 crore in the quarter ended December 2013 as against Rs 200.23 crore during the previous quarter ended December 2012. Sales rose 27.15% to Rs 1265.81 crore in the quarter ended December 2013 as against Rs 995.54 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales1265.81995.54 27 OPM %66.3073.57 -PBDT255.41303.36 -16 PBT249.58297.74 -16 NP164.15200.23 -18

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