Mahindra & Mahindra Financial Services consolidated net profit declines 27.41% in the September 2016 quarter

Sales rise 8.98% to Rs 1720.64 crore

Net profit of Mahindra & Mahindra Financial Services declined 27.41% to Rs 114.05 crore in the quarter ended September 2016 as against Rs 157.11 crore during the previous quarter ended September 2015. Sales rose 8.98% to Rs 1720.64 crore in the quarter ended September 2016 as against Rs 1578.90 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales1720.641578.90 9 OPM %56.4961.12 -PBDT203.20263.95 -23 PBT190.69252.85 -25 NP114.05157.11 -27

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