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Live News EQUITY ARTICLE M impact

M&M Finance Q2 Standalone Net Profit Rises 55% to ₹882 Crore

Mahindra & Mahindra Financial Services reported standalone net profit of ₹882 crore for the quarter ended September 30, up 55% year on year from ₹569 crore. The company cited higher business volumes and lower credit costs.

Our Bureau Mumbai: Mahindra & Mahindra Financial Services reported a 55% year-on-year rise in standalone net profit to 882 crore for the quarter ended September 30, compared with 569 crore a year earlier, helped by higher business volumes and lower credit costs.On a consolidated basis, net profit r…