• Fri, January 3, 2025

by: cnbctv18

Mahindra Finance Q3 disbursements rise 7%, business assets climb 18%

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by: Reuters

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by: BBC

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by: MSN

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by: AOL

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by: MSN

This chart highlights how businesses and consumers dodged the blow of Fed rate hikes

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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Business is business and I do what makes business sense. I have no emotional attachment to any of this equipment, so it's here for as long as it makes sense, and it will be sold when it makes sense. That's the way I've always operated and will always continue to.

by: MSN

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Want growth? Just teach India better, keep everyone healthy and yes, drop those EV subsidies

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by: MSN

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by: MSN

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by: MSN

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  • Sat, January 4, 2025

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by: coloradopolitics

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by: AOL

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by: MSN

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by: MSN

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by: MSN

Budget 2025: CII's seven-point agenda on how govt can boost employment generation

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by: MSN

Have John Swinney and Kate Forbes reset the government's relationship with business?

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

Mahindra Finance Q3 disbursements rise 7%, business assets climb 18%

Cumulatively, for the nine months ended December 31, 2024, disbursements reached ₹42,350 crore, marking a 4% YoY increase. Shares of Mahindra & Mahindra Financial Services Limited ended at ₹276.45, up by ₹0.
The article from CNBC TV18 discusses Mahindra & Mahindra Financial Services' performance in the third quarter. The company reported a 7% increase in disbursements, reaching Rs 12,346 crore, and a significant 18% rise in business assets, totaling Rs 82,770 crore. This growth was driven by a 23% increase in disbursements in the tractor and ancillary segment, and a 13% rise in the pre-owned vehicle segment. However, the car and utility vehicle segment saw a slight decrease of 2% in disbursements. The company also noted a 27% year-on-year increase in its collection efficiency, which stood at 95% for the quarter. Despite these positive developments, the stock price of Mahindra Financial Services experienced a decline of over 2% on the day of the report.

Read the Full cnbctv18 Article at:
https://www.cnbctv18.com/market/stocks/mahindra-financial-services-share-price-q3-disbursements-rise-7-pc-business-assets-climb-18-pc-19534258.htm

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