Mahindra & Mahindra Financial Services has reported results for fourth quarter and year ended March 31, 2022.
The company has reported 4-fold jump in its net profit at Rs 600.80 crore for the quarter under review as compared to Rs 149.97 crore for the same quarter in the previous year. However, total income of the company decreased by 6.49% at Rs 2466.36 crore for Q4FY22 as compared Rs 2637.51 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported above 2-fold jump in its net profit at Rs 628.81 crore for the quarter under review as compared to Rs 218.84 crore for the same quarter in the previous year. However, total income of the company decreased by 4.64% at Rs 2897.44 crore for Q4FY22 as compared Rs 3038.37 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported above 2-fold jump in its net profit at Rs 988.75 crore as compared to Rs 335.15 crore for the previous year. However, total income of the company decreased by 7.59% at Rs 9718.80 crore for year under review as compared to Rs 10516.81 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 47.43% in its net profit at Rs 1150.34 crore as compared to Rs 780.28 crore for the previous year. However, total income of the company decreased by 6.32% at Rs 11400.51 crore for year under review as compared to Rs 12170.50 crore for year ended March 31, 2021.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.50 |
| Shriram Finance | 1043.00 |
| Aditya Birla Capital | 342.90 |
| Chola Invest & Fin. | 1583.00 |
| Tata Capital | 336.35 |
| View more.. | |
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