HomeNewsBusinessEarningsCar segment to power growth going forward: M&M Financial

Car segment to power growth going forward: M&M Financial

Speaking to CNBC-TV18, Ramesh Iyer, VC and MD of M&M Financial said that going forward the company's growth will come from the car segment and the retention of market share will remain as priority.

January 25, 2017 / 16:14 IST
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Mahindra & Mahindra Financial reported a lacklustre set of third quarter earnings where its net interest income grew marginally by 2.1 percent to Rs 746.3 crore year-on-year (YoY) and for the first time the company reported a net loss which stood at Rs 15.6 crore against  a profit of  Rs 67.2 crore in the same quarter last fiscal.

Speaking to CNBC-TV18, Ramesh Iyer, VC and MD of M&M Financial said that going forward the company's growth will come from the car segment and the retention of market share will remain as top priority.Watch video for more.

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first published: Jan 25, 2017 04:10 pm

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