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Mahindra Financial Services Q1 profit before tax up 98% to Rs 208 crore

The net profit rose by 129% to Rs 156 crore in Q1FY21 as against Rs 68 crore in Q1FY20

Mahindra & Mahindra, Anand mahindra
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The total Income increased by 10% to Rs 2,655 crore in Q1FY21 as against Rs 2,413 crore in the same quarter of previous year

Abhijit Lele Mumbai
Mahindra & Mahindra Financial Services Ltd (MMFSL) has posted a 98 per cent rise in the profit before tax (PBT) to Rs 208 crore in the first quarter ended June 30, 2020 (Q1Fy21) as against PBT of Rs 105 crore in the corresponding quarter last year (Q1FY20).

The net profit rose by 129 per cent to Rs 156 crore in Q1FY21 as against Rs 68 crore in Q1FY20.

The total Income increased by 10 per cent to Rs 2,655 crore in Q1FY21 as against Rs 2,413 crore in the same quarter of previous year. Almost 75 per cent of the customers opted

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First Published: Jul 18 2020 | 10:49 PM IST

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