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Mahindra & Mahindra Financial Services consolidated net profit declines 39.40% in the September 2019 quarter

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Capital Market

Sales rise 16.19% to Rs 2913.97 crore

Net profit of Mahindra & Mahindra Financial Services declined 39.40% to Rs 263.60 crore in the quarter ended September 2019 as against Rs 434.98 crore during the previous quarter ended September 2018. Sales rose 16.19% to Rs 2913.97 crore in the quarter ended September 2019 as against Rs 2507.89 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales2913.972507.89 16 OPM %63.9067.43 -PBDT550.13664.67 -17 PBT506.93646.18 -22 NP263.60434.98 -39

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First Published: Oct 23 2019 | 10:38 AM IST

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