Mahindra & Mahindra Financial Services consolidated net profit declines 7.87% in the March 2021 quarter

Sales decline 3.24% to Rs 3000.56 crore

Net profit of Mahindra & Mahindra Financial Services declined 7.87% to Rs 216.34 crore in the quarter ended March 2021 as against Rs 234.82 crore during the previous quarter ended March 2020. Sales declined 3.24% to Rs 3000.56 crore in the quarter ended March 2021 as against Rs 3101.00 crore during the previous quarter ended March 2020.

For the full year,net profit declined 28.08% to Rs 773.21 crore in the year ended March 2021 as against Rs 1075.15 crore during the previous year ended March 2020. Sales rose 1.41% to Rs 12050.26 crore in the year ended March 2021 as against Rs 11882.95 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales3000.563101.00 -3 12050.2611882.95 1 OPM %48.8755.10 -49.8258.74 - PBDT292.20325.39 -10 856.111748.90 -51 PBT255.65306.39 -17 705.601602.03 -56 NP216.34234.82 -8 773.211075.15 -28

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