Mahindra & Mahindra Financial Services has reported results for third quarter ended December 31, 2014.
The company has reported 16.90% fall in its net profit at Rs 136.4 crore for the quarter as compared to Rs 164.14 crore for the same quarter in the previous year. However, total income of the company has increased by 9.79% at Rs 1395.51 crore for quarter under review as compared to Rs 1271.12 crore for the quarter ended December 31, 2013.
On the consolidated basis, the group has reported 14.03% fall in its net profit at Rs 156.78 crore for the quarter ended December 31, 2014 as compared to Rs 182.36 crore for the same quarter in the previous year. However, total income of the company has increased by 11.62% at Rs 1521.54 crore for quarter under review as compared to Rs 1363.2 crore for the quarter ended December 31, 2013.
