Mahindra & Mahindra Financial Services Q3 FY10 Results : Net up 109.60%

by khalid on 30/01/2010 · 0 comments

Mahindra & Mahindra Financial Services Ltd’s principal activities are to provide finance for utility vehicles, tractors commercial vehicles, construction equipment and cars. It operates with a network of 436 branches. The company has posted a net profit for the period Q3 (ending Dec 09) of the current fiscal (FY10). During the said quarter, net profit rose 109.60% to Rs 93.27 crores in comparison to Rs 44.50 crores of Q3 (ending Dec 08) of previous year(FY09).

The company informed the market that the total operating income decreased 11.52% to Rs 393.94 crores in Q3 FY10 when compared with the same quarter Q3 FY09 of previous year. Total operating income was Rs 353.25 crores in last year’s quarter.

Share’s Data :
BSE Code : 532720
Mkt. Cap: Rs 3,055 Crores
P/E Ratio: 14.46
EPS (Rs): 22.41
Face Value : Rs 10
Last Dividend : 55% in Apr 2009
52 Week H/L : Rs 374.90 / 175.00
Mahindra & Mahindra Financial Services Ltd. share’s CMP is Rs 315.30 on 29th Jan 2010.

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