Mahindra & Mahindra Financial Services reported a consolidated net profit of Rs 564 crore for the September quarter, supported by robust interest income of Rs 4,477 crore. The company’s performance reflects steady loan growth and improved asset quality, although profitability remained tempered by higher credit provisioning and funding costs.
Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) has announced its consolidated results for the quarter ended September 2025, showing a net profit of Rs 564 crore, compared to Rs 624 crore in the same period last year. Despite moderate profit growth, interest income surged to Rs 4,477 crore, indicating strong underlying loan demand.
The company attributed its results to consistent disbursement levels in rural and semi-urban markets and continued traction in vehicle and SME financing.
Major Takeaways:
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Consolidated net profit stood at Rs 564 crore in Q2 FY26.
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Interest income rose to Rs 4,477 crore from Rs 4,055 crore a year ago.
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Margins were moderately impacted by higher borrowings and provisioning needs.
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Asset quality improved on the back of robust recovery and collection initiatives.
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Loan book expansion driven by steady demand in tractor and commercial vehicle segments.
Mahindra Finance remains focused on strengthening rural credit penetration and maintaining balanced growth across its lending portfolio.
Sources: Company filing to NSE and BSE; Exchange disclosures.