Mahindra & Mahindra Financial Services reported a standalone net profit of Rs 894 crore in Q3 FY22 as against a net loss of Rs 274 crore in Q3 FY21.
Revenue from Operations also saw a 47.1% yoy fall to Rs215.5cr in Q3FY22. Strong order book led by both external EPC and Water segments, the company said.
Investors were upbeat on auto stocks, while most selling was carried in IT and Banking stocks. ITC, Titan and Lupin stock will be in focus.
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