M&M Financial Services hits over 2-year low on weak June quarter results

The NBFC reported a sharp 75 per cent year on year (YoY) decline in its standalone net profit at Rs 68 crore in the April-June quarter (Q1FY20), due to higher provisioning for stressed assets.

The NBFC reported a sharp 75 per cent year on year (YoY) decline in its standalone net profit at Rs 68 crore in the April-June quarter (Q1FY20), due to higher provisioning for stressed assets. https://ift.tt/32K4e4l July 23, 2019 at 07:42PM

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