Mumbai: Mahindra & Mahindra Financial Services Limited (Mahindra Finance), one of India’s leading non-banking financial companies (NBFCs), reported a net profit of ₹530 crore for the first quarter of FY 2025–26, registering a 3% year-on-year growth.
The company’s loan book expanded by 15% YoY, reaching ₹1.22 lakh crore, reflecting sustained demand and portfolio strength.
During the quarter, Net Interest Income (NII) grew by 18% YoY to ₹2,285 crore, supported by stable margins and disciplined credit deployment.
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Mahindra Finance: Stronghold in Rural and Semi-Urban Markets
Disbursements stood marginally higher, posting a 1% YoY growth, with tractor financing leading the momentum with 21% growth, reaffirming Mahindra Finance’s stronghold in the rural and semi-urban markets.
The company demonstrated robust asset quality with Gross Stage 3 (GS3) at 3.8% and combined GS2 + GS3 at 9.7%, aligning with its predefined risk parameters.
“Our Q1 performance reflects a balanced growth trajectory and sustained asset quality, even in a competitive environment,” the company stated in its earnings release.
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“With continued investments in digital transformation and cloud-based systems, Mahindra Finance is geared for scalability and customer-centric innovation.”
The company is actively rolling out its new cloud-native Loan Management System and expanding digital capabilities to enhance operational efficiency and user experience.
Mahindra Finance remains focused on sustainable and diversified growth, aiming to capitalize on rural demand while ensuring risk-adjusted returns through FY26 and beyond.
