Mahindra & Mahindra Financial Services has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 47.54% fall in its net profit at Rs 235.18 crore for Q2FY24 as compared to Rs 448.33 crore for the same quarter in the previous year. However, total income of the company increased by 24.19% at Rs 3240.49 crore for Q2FY24 as compared Rs 2609.32 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 41.62% fall in its net profit at Rs 287.24 crore for the quarter under review as compared to Rs 492.04 crore for the same quarter in the previous year. However, total income of the company increased by 27.54% at Rs 3863.47 crore for Q2FY24 as compared Rs 3029.28 crore for the corresponding quarter previous year.
