Mahindra and Mahindra Financial Services (M&MFS) reported a better expected performance in the quarter ended March with a net profit growth of 40% year-on-year adjusted for one-off gains.

MMFS reported PAT of Rs3.34bn, ~higher than consensus post adjustment of one-off gains, driven by higher margins and lower credit costs.

Commenting on the appointment Ravi Vasantraj, Head - BFSI, Mahindra Satyam said, "Niraj brings to the table rich experience in the Banking and Financial Services vertical. His expertise will help the Mahindra Group to scale-up the operations and ...

MRHFL, a subsidiary of Mahindra & Mahindra Financial Services, provides loans for purchase, renovation and construction of houses in rural areas.

MRHFL, a subsidiary of Mahindra & Mahindra Financial Services, provides loans for purchase, renovation and construction of houses in rural areas.

For potential buyers, Polaris' services business represents the largest asset available in India today to expand their footprint in the financial services industry, which despite a slump continues to be the biggest spender on technology. The deal is ...

In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelerindustries. In 2012 ...

With this new alliance, customers of Doha Bank can now seamlessly access the products and services of KMBL in Qatar. Kotak Mahindra group is one of India's leading financial services conglomerates and KMBL offers complete retail financial solutions for ...

Mahindra & Mahindra Financial Services - Rich valuations & tough macro limit upside - Emkay. - MMFS' Q4FY13 results ahead of expectation with NII at Rs6.6bn and Adj.

... from the preceding December quarter while revenue rose 6.5%. The acquisitions of Comviva and Hutchison Global Services in September contributed $64 million in revenue in the fourth quarter, according to Sonjoy Anand, chief financial officer of Tech ...