- Published at
- by economictimes.indiatimes.com
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M&M Financial Services shares fall over 3% after mixed Q1 results
M&M Financial Services shares dropped over 3% despite posting a 19.7% YoY rise in net interest income to Rs 2,267 crore and a 3.2% YoY increase in net profit to Rs 530 crore for Q1. The stock fell as investor sentiment was hit by elevated provisions and a dip in collection efficiency, overshadowing the earnings growth.