Mahindra & Mahindra Financial Services Limited — Updates, 22-10-2024: Press Release
22-10-2024 · 04:45 pm
Mahindra & Mahindra Financial Services reported robust Q2 FY25 results, with a 57% YoY increase in profit after tax to ₹369 crores. Total income rose 21% to ₹3,925 crores, while assets under management grew 20% to ₹1,12,454 crores. Despite a slight dip in disbursements, the company maintained stable asset quality and a healthy capital adequacy ratio. Significant growth was noted in the MSME and leasing segments, enhancing overall financial stability.
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