Mahindra & Mahindra Financial Services consolidated net profit rises 79.68% in the March 2018 quarter

Sales rise 17.61% to Rs 2497.01 crore

Net profit of Mahindra & Mahindra Financial Services rose 79.68% to Rs 499.90 crore in the quarter ended March 2018 as against Rs 278.22 crore during the previous quarter ended March 2017. Sales rose 17.61% to Rs 2497.01 crore in the quarter ended March 2018 as against Rs 2123.08 crore during the previous quarter ended March 2017.

For the full year,net profit rose 100.12% to Rs 1023.91 crore in the year ended March 2018 as against Rs 511.64 crore during the previous year ended March 2017. Sales rose 19.41% to Rs 8533.15 crore in the year ended March 2018 as against Rs 7146.20 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2497.012123.08 18 8533.157146.20 19 OPM %67.6159.20 -59.2156.30 - PBDT828.13464.00 78 1666.21891.48 87 PBT813.03448.16 81 1611.00837.75 92 NP499.90278.22 80 1023.91511.64 100

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