Mahindra & Mahindra Financial Services standalone net profit declines 45.52% in the June 2017 quarter

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Capital Market
Last Updated : Jul 24 2017 | 5:14 PM IST

Sales rise 16.54% to Rs 1592.37 crore

Net profit of Mahindra & Mahindra Financial Services declined 45.52% to Rs 47.39 crore in the quarter ended June 2017 as against Rs 86.98 crore during the previous quarter ended June 2016. Sales rose 16.54% to Rs 1592.37 crore in the quarter ended June 2017 as against Rs 1366.43 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales1592.371366.43 17 OPM %50.0360.49 -PBDT74.66144.78 -48 PBT63.60134.14 -53 NP47.3986.98 -46

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

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