Mahindra & Mahindra Financial Services Ltd - Q4FY12 Result First Cut - Microsec Research

Mahindra & Mahindra Financial Services Ltd has announced its Q4FY12 along with Annual FY12 result on 23rd April 2012.

On the quarterly basis, the company's top line increased by 14.63% QoQ and 47.25% YoY to INR880.27 crore whereas, bottom line increased by 52.14% QoQ and 46.43% YoY to INR242.38 crore. For the whole year in FY12, the company's top line increased by 42.42% YoY to INR2884.90 crore whereas, bottom line increase by 10.29% YoY to INR543.49 crore.

The company's Assets Under Management crossed Rs.20000 crore, while customer base crossed 2 million.

The Board of Directors have recommended a dividend of Rs.14 per share on Equity share of Rs.10 each for the financial year 2011-12. The dividend will be absorb a sum of Rs.168.16 crore.

Source : Equity Bulls

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