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Mahindra & Mahindra Financial Services consolidated net profit declines 38.50% in the December 2015 quarter

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Capital Market

Sales rise 4.75% to Rs 1583.69 crore

Net profit of Mahindra & Mahindra Financial Services declined 38.50% to Rs 96.43 crore in the quarter ended December 2015 as against Rs 156.79 crore during the previous quarter ended December 2014. Sales rose 4.75% to Rs 1583.69 crore in the quarter ended December 2015 as against Rs 1511.86 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales1583.691511.86 5 OPM %56.1861.77 -PBDT168.65255.92 -34 PBT156.98244.88 -36 NP96.43156.79 -38

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First Published: Jan 21 2016 | 4:05 PM IST

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