M&M Financial Services Q2 net profit flies 22%
22 Oct 2013 12:26 AM GMT
Mahindra & Mahindra Financial Services on Monday reported 22 per cent rise in consolidated net profit for the second quarter ended September of 2013-14 at Rs 235.32 crore.
The company had reported profit of Rs 192.97 crore during the same quarter (July-September) of the previous fiscal.
Total income from operations stood at Rs 1,285.79 crore during the quarter, up from Rs 969.57 crore a year ago, the company said in a filing to the BSE.
On standalone basis, company’s net profit stood at Rs 221.16 crore, up from Rs 187.61 crore a year ago.
Income on standalone basis during the July-September stood at Rs 1,203.14 crore, up from Rs 915.67 crore in the same quarter of 2012-13.
Shares of the company closed at Rs 279.50 apiece on the BSE, up 2.68 per cent from the previous close.
The company had reported profit of Rs 192.97 crore during the same quarter (July-September) of the previous fiscal.
Total income from operations stood at Rs 1,285.79 crore during the quarter, up from Rs 969.57 crore a year ago, the company said in a filing to the BSE.
On standalone basis, company’s net profit stood at Rs 221.16 crore, up from Rs 187.61 crore a year ago.
Income on standalone basis during the July-September stood at Rs 1,203.14 crore, up from Rs 915.67 crore in the same quarter of 2012-13.
Shares of the company closed at Rs 279.50 apiece on the BSE, up 2.68 per cent from the previous close.
Next Story
