Mahindra & Mahindra Financial Services has reported results for third quarter ended December 31, 2021.
The company has reported net profit at Rs 893.81 crore for the quarter under review as compared to net loss of Rs 274.14 crore for the same quarter in the previous year. However, total income of the company decreased by 1.23% at Rs 2542.99 crore for Q3FY22 as compared Rs 2574.55 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit at Rs 992.29 crore for the quarter under review as compared to net loss at Rs 223.18 crore for the same quarter in the previous year. However, total income of the company decreased by 0.24% at Rs 2985.65 crore for Q3FY22 as compared Rs 2992.94 crore for the corresponding quarter previous year.