Mahindra & Mahindra Financial Services consolidated net profit rises 188.33% in the March 2022 quarter

2 May 2022 , 05:13 PM

Net profit of Mahindra & Mahindra Financial Services rose 188.33% to Rs 623.78 crore in the quarter ended March 2022 as against Rs 216.34 crore during the previous quarter ended March 2021. Sales declined 4.73% to Rs 2865.08 crore in the quarter ended March 2022 as against Rs 3007.26 crore during the previous quarter ended March 2021.

For the full year,net profit rose 47.03% to Rs 1136.87 crore in the year ended March 2022 as against Rs 773.21 crore during the previous year ended March 2021. Sales declined 6.55% to Rs 11317.57 crore in the year ended March 2022 as against Rs 12111.17 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	2865.08	3007.26	-5	11317.57	12111.17	-7
OPM %	67.45	48.99	–	52.75	50.08	–
PBDT	918.12	292.20	214	1680.84	856.11	96
PBT	868.47	255.65	240	1528.85	705.60	117
NP	623.78	216.34	188	1136.87	773.21	47

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