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Strong recoveries drive Mahindra Finance's Q4, net profit jumps 1.8 times

Better product-mix with rising share of pre-owned vehicles helped Mahindra Finance's profitability

Topics
Commercial Vehicles  |  Mahindra Financial Services

Shreepad S Aute  |  Mumbai 



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Photo: Shutterstock.com

Mahindra and surprised the Street with healthy March-2019 quarter (Q4) numbers on most fronts. The stock, however, fell by about 4 per cent in Thursday’s trade (results were announced after market hours on Wednesday) due to a subdued growth outlook for FY20.

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First Published: Thu, April 25 2019. 19:56 IST

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