Mahindra and Mahindra Financial reports Q3 net profits of Rs 164 crores

Mahindra & Mahindra Financial Services has posted a net profit of Rs 164 crores for the quarter ended December 31, 2013 as compared to Rs 200 crores for the quarter ended December 31, 2012. Total Income has increased from Rs. 1000.80 crores for the quarter ended December 31, 2012 to Rs 1271.1 crores for the quarter ended December 31, 2013.

The Group has posted a net profit after taxes and minority interest of Rs. 182.3 crores for the quarter ended December 31, 2013 as compared to Rs. 216.2 crores for the quarter ended December 31, 2012. Total Income has increased from Rs. 1061.9 crores for the quarter ended December 31, 2012 to Rs. 1363.20 crores for the quarter ended December 31, 2013.

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