Mahindra & Mahindra Financial Services (Mahindra Finance) has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 12.11% fall in net profit at Rs 552.79 crore for the third quarter ended December 31, 2023 as compared to Rs 628.95 crore for the same quarter in the previous year. However, total income of the company increased by 20.71% at Rs 3490.42 crore for Q3FY24 as compared Rs 2891.55 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 6.24% fall in its net profit at Rs 622.95 crore for Q3FY24 as compared to Rs 664.38 crore for the same quarter in the previous year. However, total income of the company increased by 23.39% at Rs 4137.00 crore for Q3FY24 as compared Rs 3352.82 crore for corresponding quarter of the previous year.
