M&M Finance swung to a loss of Rs 1573 crore on a consolidated basis during the quarter ended June from a profit of Rs 432 crore a year earlier, as total income declined 16 per cent to Rs 2567 crore from Rs 3069 crore the year earlier.source https://economictimes.indiatimes.com/industry/banking/finance/mm-finance-q1-results-co-reports-loss-of-rs-1573-cr-as-bad-loans-slowdown-bite/articleshow/84784097.cms
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