Mahindra & Mahindra Financial???s net profit zooms 86% for Q1
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Mahindra & Mahindra Financial Services has announced the unaudited results for the quarter ended June 30, 2010.
The company???s net profit has increased 85.52% at Rs 74.19 crore for the quarter ended June 30, 2010 as compared to Rs 39.99 crore for the quarter ended June 30, 2009. Total Income has increased from Rs 329.30 crore for the quarter ended June 30, 2009 to Rs 401.41 crore for the quarter ended June 30, 2010.
On consolidated basis, the company has posted a net profit of Rs 79.74 crore for the quarter ended June 30, 2010 as compared to Rs 43.13 crore for the quarter ended June 30, 2009, up 84.88%. Total Income has increased from Rs 336.00 crore for the quarter ended June 30, 2009 to Rs 412.66 crore for the quarter ended June 30, 2010.
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