Mahindra & Mahindra Financial Services (Mahindra Finance) has reported results for third quarter ended December 31, 2013.
The company has reported 18.02% fall in its net profit at Rs 164.14 crore for the quarter as compared to Rs 200.23 crore for the same quarter in the previous year. However, total income of the company has increased by 27.01% at Rs 1271.12 crore for quarter under review as compared to Rs 1000.80 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported 15.65% fall in its net profit at Rs 182.36 crore for the quarter ended December 31, 2013 as compared to Rs 216.20 crore for the same quarter in the previous year. However, total income of the company has increased by 28.36% at Rs 1363.20 crore for quarter under review as compared to Rs 1061.96 crore for the quarter ended December 31, 2012.
The company has reported 18.02% fall in its net profit at Rs 164.14 crore for the quarter as compared to Rs 200.23 crore for the same quarter in the previous year. However, total income of the company has increased by 27.01% at Rs 1271.12 crore for quarter under review as compared to Rs 1000.80 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported 15.65% fall in its net profit at Rs 182.36 crore for the quarter ended December 31, 2013 as compared to Rs 216.20 crore for the same quarter in the previous year. However, total income of the company has increased by 28.36% at Rs 1363.20 crore for quarter under review as compared to Rs 1061.96 crore for the quarter ended December 31, 2012.
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