Mahindra and Mahindra Financial Services has experienced a remarkable seventy-five percent surge in net profit, driven by enhanced net interest margins and reduced provisions. The chief executive highlighted the positive impact of a recent rights issuance on the cost of funding. Disbursements soared by twenty-two percent, and there was notable growth in the non-wheels sector. However, a minor rise in overdue accounts necessitated strategic adjustments within certain segments.
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