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M&M Financial Q4FY21 preview: Disbursals might pick up and AUM growth should remain flat

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Mahindra & Mahindra Financial Services Limited will be reporting its quarterly results on Friday. Sequentially it is expected to be a strong quarter for M&M Finance. Disbursals are expected to pick up in Q4, analysts are estimating as high as 14 percent sequential growth in disbursals.

Mahindra & Mahindra Financial Services Limited will be reporting its quarterly results on Friday. Sequentially it is expected to be a strong quarter for M&M Finance. Disbursals are expected to pick up in Q4, analysts are estimating as high as 14 percent sequential growth in disbursals.
However, assets under management (AUM) growth will remain flat on a sequential basis due to high repayments.
Net interest margins to remain stable or improve given the fact that there is a strong recovery expected this time around.
There is a fall in the cost of funds and also the rundown of liquidity buffers that it needed earlier, so lower credit cost will aid the profit after tax (PAT).
CNBC-TV18’s Abhishek Kothari has more details. Watch this video for more