Saturday, October 27, 2012

Mahindra & Mahindra Finance Q2 net up 41% to Rs 192.5 cr


Non-banking finance company Mahindra & Mahindra Financial Services  ' consolidated net profit surged 41% to Rs 192.5 crore in the quarter ended September 2012 from Rs 136.5 crore in a year ago period.

Consolidated total income from operations increased 45.7% to Rs 969.8 crore from Rs 665.4 crore during the same period.

The company provides personalised finance for the widest range of utility vehicles, tractors and cars, focusing on the rural and semi-urban sector.



Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal 
Head Dealer 
DENIP Consultants Pvt Ltd

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