Mahindra & Mahindra Financial Services has reported results for second quarter ended September 30, 2022.
The company has reported fall of 56.17% in its net profit at Rs 448.33 crore for Q2FY23 as compared to Rs 1,022.90 crore for the corresponding quarter previous year. However, total income of the company increased by 3.45% to Rs 2,609.32 crore for the quarter under review as compared to Rs 2,522.39 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 55.39% in its net profit at Rs 492.04 crore for the quarter under review as compared to Rs 1,102.94 crore for the same quarter in the previous year. However, total income of the company increased by 2.67% to Rs 3,029.28 crore for the quarter under review as compared to Rs 2,950.58 crore for the same quarter in the previous year.
