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Page 3 - M&m Financial Services

M&M Finance Q3 gets thumbs up despite sluggish disbursements; stock up 8%

The stock is up 8 per cent intraday as operating profits jumped by 19% due to cost efficiency; analysts expect rural economy to revive going ahead

M&M Finance Q3 gets thumbs up despite sluggish disbursements; stock up 8%
Updated On : 30 Jan 2020 | 1:30 AM IST

Real growth story to start next festive season: M&M Finance MD Ramesh Iyer

RAMESH IYER, vice-chairman and managing director of the company, tells Shreepad S Aute that NBFCs may not be able to cover the fall in loan sanctions in the second half

Real growth story to start next festive season: M&M Finance MD Ramesh Iyer
Updated On : 10 Dec 2019 | 11:33 PM IST

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.

M&M Financial Services hits over 2-year low on weak June quarter results
Updated On : 24 Jul 2019 | 11:12 AM IST

We'd rather look at buying portfolios than a firm: M&M Financial MD & CEO

While the liquidity crunch continues to haunt NBFCs, Ramesh Iyer feels the current fiscal could turn out to be marginally better

We'd rather look at buying portfolios than a firm: M&M Financial MD & CEO
Updated On : 07 May 2019 | 10:35 PM IST

M&M Financial Services' return on equity may improve by 300 bps: Analysts

Good demand from rural markets to keep loan book growth buoyant and credit cost lower

M&M Financial Services' return on equity may improve by 300 bps: Analysts
Updated On : 26 Feb 2019 | 12:30 AM IST

M&M Financial Services better placed than peers as stock gains 19% in Oct

According to the company, it has a 25 per cent positive gap between assets and liabilities maturing in the next one year

M&M Financial Services better placed than peers as stock gains 19% in Oct
Updated On : 21 Nov 2018 | 11:58 PM IST

M&M Financial hits 52-week high after QIP launch

The stock hit a 52-week high of Rs 461, up 5% on the BSE in early morning trade.

M&M Financial hits 52-week high after QIP launch
Updated On : 01 Dec 2017 | 10:16 AM IST

M&M Financial Services declines on domestic brokerage downgrade

he brokerage does not see any upside for MMFSL stock for now

M&M Financial Services declines on domestic brokerage downgrade
Updated On : 13 Jul 2016 | 12:35 PM IST

M&M Financial Services March quarter profit up 12% at Rs 411 cr

Total income increased to Rs 1,904.88 crore from Rs 1,680.10 crore in the same period a year ago

M&M Financial Services March quarter profit up 12% at Rs 411 cr
Updated On : 23 Apr 2016 | 9:23 PM IST