Mahindra & Mahindra Financial Services Limited — Updates, 28-01-2025: Press Release

Mahindra & Mahindra Financial Services reported solid growth for the third quarter, with standalone assets under management (AUM) climbing to ₹1,15,126 crore, a 19% increase year-over-year. Disbursements reached ₹16,467 crore, up 7% from the previous year. Total income also rose 19% to ₹4,144 crore, driven by a net interest income of ₹2,099 crore, reflecting a 16% increase. The company showcased a stable asset quality with Stage-3 assets at 3.9%, while the capital adequacy ratio remains healthy at 17.8%. The company’s focus on its non-vehicle finance portfolio is evident with a 27% growth, underscoring potential growth avenues in SME lending and leasing. With a strong liquidity position of ₹9,322 crore, Mahindra Finance appears poised for continued expansion despite the competitive landscape in the passenger market. Investors should watch closely as the company navigates challenges and opportunities in its diversified financial services.