Mahindra & Mahindra Financial Services standalone net profit declines 50.76% in the December 2015 quarter

Sales rise 0.99% to Rs 1400.23 crore

Net profit of Mahindra & Mahindra Financial Services declined 50.76% to Rs 67.17 crore in the quarter ended December 2015 as against Rs 136.41 crore during the previous quarter ended December 2014. Sales rose 0.99% to Rs 1400.23 crore in the quarter ended December 2015 as against Rs 1386.55 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales1400.231386.55 1 OPM %55.3861.80 -PBDT114.29218.06 -48 PBT103.88208.03 -50 NP67.17136.41 -51

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