By IANS,
Mumbai : Mahindra & Mahindra Finance Services Ltd (MMFS) Wednesday announced a profit after tax of $6.69 million during the first quarter of 2008-09 compared to $5.36 million over the coresponding period last year, a growth of 20 percent.
The total revenue of the company surged by 24.8 percent to $74.85 million during the period under review from $62.4 million of the year-ago quarter.
MMFS, part of the $6.7 billion Mahindra Group, is focusing on rural and semi-urban areas for its operations.
SUPPORT TWOCIRCLES
HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE