Mahindra & Mahindra Financial Services has reported results for third quarter ended December 31, 2016. 

The company has reported a net loss of Rs 15.64 crore for the quarter under review as compared to net profit of Rs 67.17 crore for the same quarter in the previous year. However, total income of the company increased by 6.73% at Rs 1503.47 crore for the quarter under review as compared Rs 1408.68 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported 87.84% fall in its net profit after taxes and minority interest at Rs 11.73 crore for the quarter ended December 31, 2016 as compared to Rs 96.43 crore for the same quarter in the previous year. However, total income of the company increased by 9.77% to Rs 1748.27 crore for quarter under review from Rs 1592.65 crore for the quarter ended December 31, 2015.