Mumbai: Mahindra Finance Q1 FY27 delivered strong growth across profitability, disbursements and asset quality metrics, with the company reporting a standalone Profit After Tax (PAT) of ₹899 crore, up 70% year-on-year, for the quarter ended June 30, 2026.
Mahindra Finance, a financial solutions provider focused on Bharat, announced its unaudited financial results for the first quarter of FY27. Under Mahindra Finance Q1 FY27, the company’s Total Income increased 12% YoY to ₹4,974 crore.
The company’s Assets Under Management (AUM) rose 13% YoY to ₹1,37,449 crore, supported by record first-quarter disbursements of ₹15,564 crore, which grew 22% YoY.
On a consolidated basis, Mahindra Finance Q1 FY27 reported Total Income of ₹5,725 crore, up 14% YoY, while PAT increased 75% YoY to ₹927 crore.
NIM expands, credit cost improves
The company said it continued to deliver profitable and disciplined growth during Mahindra Finance Q1 FY27.
Key operating metrics included:
- Net Interest Margin (NIM): 7.3%
- Credit Cost: 1.5%
- Return on Assets (RoA): 2.4%
These indicators reflected improvements in profitability and operating efficiency during the quarter.
Also Read: YES Bank Q1 FY27: Net Profit Surges 34% to ₹1,071 Crore, GNPA Falls to 1.3%
Asset quality remains healthy
Asset quality remained stable in Mahindra Finance Q1 FY27, with Stage 3 assets improving to 3.5%, compared with 3.8% in the same quarter last year.
The company also highlighted that its digital and AI capabilities continued to support customer acquisition, operational resilience and collection efficiencies.
Non-vehicle finance business gains momentum
A notable highlight of Mahindra Finance Q1 FY27 was the performance of the non-vehicle finance business.
Excluding MHRFL, disbursements in this segment grew 79% YoY, indicating strong momentum in newer growth areas.
Commenting on Mahindra Finance Q1 FY27, Raul Rebello, MD & CEO, Mahindra Finance, said: “Our performance this quarter underscores the strength of our franchise, with continued expansion in profitability, resilient asset quality, and progress in our pivot towards growth agendas.
Our focused investments in our core vehicle franchise, new growth engines, and technology are supporting Profitable & Disciplined Growth.”
The company stated that its investments in the core vehicle franchise, emerging growth businesses and technology platforms are helping drive sustainable and disciplined expansion.
