Total income for the quarter was Rs 3,125 crore, up 25% y-o-y, aided by growth in asset book, a release by the NBFC said. Disbursements at Rs 12,165 crore were higher by 28% y-o-y. Loan book increased sequentially by 4.8% to Rs 86,732 crore.
M&M Financial Services reported a 55 per cent year-on-year (YoY) drop in consolidated net profit at Rs 492 crore for the September quarter compared with a profit of Rs 1,103 crore in the corresponding quarter last year
M&M Financial, Kajaria Ceramics, Dalmia Bharat and Relaxo Footwears may log a drop in year-on-year (YoY) profit in Q2 while Redington India may post flattish bottom line