Stock Report

Mahindra and Mahindra Financial Services Ltd Q2FY23 consolidated PAT rises QoQ to Rs. 490.38 crores



Posted On : 2022-11-02 22:27:45( TIMEZONE : IST )

Mahindra and Mahindra Financial Services Ltd Q2FY23 consolidated PAT rises QoQ to Rs. 490.38 crores

Mahindra & Mahindra Financial Services Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3029.28 crores during the period ended September 30, 2022 as compared to Rs. 2913.95 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 490.38 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 239.26 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 3.97 for the period ended September 30, 2022 as compared to Rs. 1.94 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 3029.28 crs ₹2913.95 crs Up Tick / Down Tick3.96%
Net Profit ₹490.38 crs ₹239.26 crs Up Tick / Down Tick104.96%
EPS ₹3.97 ₹1.94 Up Tick / Down Tick104.64%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 3029.28 crores during the period ended September 30, 2022 as compared to Rs.2950.58 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.490.38 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1099.78 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.3.97 for the period ended September 30, 2022 as compared to Rs.8.91 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 3029.28 crs ₹2950.58 crs Up Tick / Down Tick2.67%
Net Profit ₹490.38 crs ₹1099.78 crs Up Tick / Down Tick-55.41%
EPS ₹3.97 ₹8.91 Up Tick / Down Tick-55.44%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5943.23 crores during the 6 Months period ended September 30, 2022 as compared to Rs.5517.42 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.729.64 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-473.94 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.5.91 for the 6 Months period ended September 30, 2022 as compared to Rs.-3.85 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹5943.23 crs ₹5517.42 crs Up Tick / Down Tick7.72%
Net Profit ₹729.64 crs ₹-473.94 crs Up Tick / Down Tick253.95%
EPS ₹5.91 ₹-3.85 Up Tick / Down Tick253.51%

Shares of Mahindra & Mahindra Financial Services Limited was last trading in BSE at Rs. 193.60 as compared to the previous close of Rs. 198.20. The total number of shares traded during the day was 431495 in over 6979 trades.

The stock hit an intraday high of Rs. 199.00 and intraday low of 191.20. The net turnover during the day was Rs. 83615259.00.

Source : Equity Bulls

Keywords

MahindraandMahindraFinancialServices Q2FY23 H1FY23 ResultUpdate MahindraFinance