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To remain buyer in M&M Fin despite poor Q3: Religare Cap

Mahindra and Mahindra Financial Services reported poor set of earnings in the quarter ended December 2013. Standalone profit after tax of the non-banking finance company fell 18 percent year-on-year to Rs 164 crore dented by higher provisions indicating stress on asset quality.

first published: Jan 23, 2014 05:13 pm

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