Mahindra & Mahindra Financial Services - Q1FY13 Result Flash - Ventura

Key Takeaways

- Mahindra & Mahindra Financial Services reported PAT of Rs.172 crore in Q1FY13 v/s Rs.105.7 crore in Q1 FY12.

- The EBITDA was Rs.616.8 crore in Q1 FY13 v/s Rs.366.9 crore in Q1 FY12.

- EBITDA margin was 69.9% in Q1 FY13 v/s 63.8% in Q1 FY12.

- The company reported PAT of Rs.172 crore v/s market expectations of Rs.139 crore.

- The PAT margins increased by 109 bps to 19.48 in Q1FY13.

Outlook: Results better than market expectations.

Source : Equity Bulls

Keywords