Mahindra & Mahindra Financial Services declared their Q3 FY24 results on 30 Jan, 2024. The topline increased by 23.36% & the profit decreased by 5.88% YoY.
As compared to the previous quarter, the revenue grew by 6.96% and the profit increased by 121.48%.
The Selling, general & administrative expenses declined by 1.6% q-o-q & increased by 6.1% Y-o-Y.
The operating income was up by 129.19% q-o-q & decreased by 8.31% Y-o-Y.
The EPS is ₹7.16 for Q3 FY24, which increased by 10.83% Y-o-Y.
Mahindra & Mahindra Financial Services has delivered -0.73% return in the last 1 week, -5.51% return in the last 6 months, and 1.03% YTD return.
Currently, Mahindra & Mahindra Financial Services has a market cap of ₹34504.61 Cr and 52wk high/low of ₹346.55 & ₹215.65 respectively.
As of 01 Feb, 2024, out of 31 analysts covering the company, 6 analysts have given a Sell rating, 9 analysts have given a Hold rating, 7 analysts have given a Buy rating, and 8 analysts have given a Strong Buy rating.
The consensus recommendation as of 01 Feb, 2024, was to Buy.
Mahindra & Mahindra Financial Services Financials
Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 4100.08 | 3833.25 | +6.96% | 3323.77 | +23.36% |
Selling/ General/ Admin Expenses Total | 566.83 | 576.07 | -1.6% | 534.26 | +6.1% |
Depreciation/ Amortization | 69.23 | 67.08 | +3.21% | 63.04 | +9.82% |
Total Operating Expense | 3323.37 | 3494.35 | -4.89% | 2476.63 | +34.19% |
Operating Income | 776.71 | 338.9 | +129.19% | 847.14 | -8.31% |
Net Income Before Taxes | 826.38 | 383.27 | +115.61% | 883.54 | -6.47% |
Net Income | 622.56 | 281.09 | +121.48% | 661.43 | -5.88% |
Diluted Normalized EPS | 7.16 | 6.18 | +15.76% | 6.46 | +10.83% |
FAQs
What is the Q3 FY24 profit/Loss as per company?
₹622.56Cr
What is Q3 FY24 revenue?
₹4100.08Cr