Mahindra Financial Q2 net profit declines 12% at Rs 101 cr

Mahindra & Mahindra Financial Services today reported a 11.7 per cent decline in consolidated net profit to Rs 100.68 crore for the second quarter ended September.

It had posted Rs 114.04 crore profit in the July- September quarter of the last financial year.

The company's total income for the quarter under review rose to Rs 1,985.59 crore from Rs 1,741.26 crore in the year- ago period, Mahindra & Mahindra Financial Services said in a regulatory filing.