M&M Financial Services: Will Growth Justify Valuation?
Moneylife Digital Team 22 June 2018
Mahindra & Mahindra Financial Services Ltd (MMFSL) reported extraordinary growth in the March 2018 quarter when revenues rose 17.61% and operating profit was up 34%. Thanks to a limited rise in expenses, net profit was up a stupendous 79.42%. This growth comes on the heels of extraordinary growth recorded in the December 2017 quarter. 
While this growth is impressive, much of it was the result...
Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
Already a subscriber ? Log in
Free Helpline
Legal Credit