Mahindra & Mahindra Financial Services consolidated net profit rises 188.33% in the March 2022 quarter

Sales decline 4.73% to Rs 2865.08 crore

Net profit of Mahindra & Mahindra Financial Services rose 188.33% to Rs 623.78 crore in the quarter ended March 2022 as against Rs 216.34 crore during the previous quarter ended March 2021. Sales declined 4.73% to Rs 2865.08 crore in the quarter ended March 2022 as against Rs 3007.26 crore during the previous quarter ended March 2021.

For the full year,net profit rose 47.03% to Rs 1136.87 crore in the year ended March 2022 as against Rs 773.21 crore during the previous year ended March 2021. Sales declined 6.55% to Rs 11317.57 crore in the year ended March 2022 as against Rs 12111.17 crore during the previous year ended March 2021.

 

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2865.083007.26 -5 11317.5712111.17 -7 OPM %67.4548.99 -52.7550.08 - PBDT918.12292.20 214 1680.84856.11 96 PBT868.47255.65 240 1528.85705.60 117 NP623.78216.34 188 1136.87773.21 47

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