Mahindra & Mahindra Financial Services Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 368.1 million compared to INR 240.8 million a year ago. Revenue was INR 41,370 million compared to INR 33,528.2 million a year ago. Net income was INR 6,225.6 million compared to INR 6,614.3 million a year ago. Basic earnings per share from continuing operations was INR 5.05 compared to INR 5.36 a year ago. Diluted earnings per share from continuing operations was INR 5.04 compared to INR 5.35 a year ago.
For the nine months, sales was INR 871.9 million compared to INR 609.4 million a year ago. Revenue was INR 116,373.8 million compared to INR 92,960.5 million a year ago. Net income was INR 12,623.4 million compared to INR 13,910.7 million a year ago. Basic earnings per share from continuing operations was INR 10.23 compared to INR 11.28 a year ago. Diluted earnings per share from continuing operations was INR 10.22 compared to INR 11.27 a year ago.