Mahindra & Mahindra Financial Services has reported results for first quarter ended June 30, 2013.
On standalone basis, the company has posted a rise of 18.73% in its net profit at Rs 191.21 crore for the quarter ended June 30, 2013 as compared to Rs 161.04 crore for the same quarter in the previous year. Total income has increased by 30.98% at Rs 1098.51 crore for quarter under review as compared to Rs 838.67 crore for the quarter ended June 30, 2012.
On consolidated basis, the company has posted a rise of 18.09% in its net profit after taxes and Minority Interest of Rs 203.05 crore for the quarter ended June 30, 2013 as compared to Rs 171.95 crore for the same quarter in the previous year. Total income has increased by 32.18% at Rs 1170.65 crore for quarter under review as compared to Rs 885.61 crore for the quarter ended June 30, 2012.
