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Mahindra & Mahindra Financial Services standalone net profit declines 17.75% in the September 2017 quarter

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Capital Market

Sales rise 11.34% to Rs 1660.79 crore

Net profit of Mahindra & Mahindra Financial Services declined 17.75% to Rs 77.99 crore in the quarter ended September 2017 as against Rs 94.82 crore during the previous quarter ended September 2016. Sales rose 11.34% to Rs 1660.79 crore in the quarter ended September 2017 as against Rs 1491.61 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales1660.791491.61 11 OPM %51.6356.41 -PBDT129.71156.96 -17 PBT119.04146.23 -19 NP77.9994.82 -18

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First Published: Oct 25 2017 | 4:59 PM IST

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