Mahindra & Mahindra Financial Services standalone net profit rises 81.36% in the March 2018 quarter

Sales rise 12.85% to Rs 2059.99 crore

Net profit of Mahindra & Mahindra Financial Services rose 81.36% to Rs 424.52 crore in the quarter ended March 2018 as against Rs 234.07 crore during the previous quarter ended March 2017. Sales rose 12.85% to Rs 2059.99 crore in the quarter ended March 2018 as against Rs 1825.45 crore during the previous quarter ended March 2017.

For the full year,net profit rose 122.84% to Rs 891.88 crore in the year ended March 2018 as against Rs 400.23 crore during the previous year ended March 2017. Sales rose 15.76% to Rs 7147.10 crore in the year ended March 2018 as against Rs 6173.91 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2059.991825.45 13 7147.106173.91 16 OPM %69.0258.83 -60.0756.04 - PBDT680.57377.36 80 1351.96666.08 103 PBT668.82363.82 84 1307.77620.06 111 NP424.52234.07 81 891.88400.23 123

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