Mahindra & Mahindra Financial Services Limited — Others, 26-06-2025: Shareholders meeting

Mahindra & Mahindra Financial Services Limited has announced a board meeting to consider and approve the financial results for the quarter and half-year ended March 31, 2025, along with other corporate matters. The company reported a 17% growth in assets under management (AUM) to ₹1,19,673 Cr, with highest-ever loan disbursements of ₹57,900 Cr, up 3% YoY. Profit after tax rose 33% YoY to ₹2,345 Cr, driven by strong operational performance and prudent credit cost management at 1.3%. The asset quality remains stable with gross stage 3 at 3.7%. The company proposed a dividend of ₹6.50 per share (325%) and plans to increase borrowing limits to ₹1,50,000 Cr to support growth. It also seeks shareholder approval for material related party transactions with Life Insurance Corporation of India, its shareholder. The company continues to invest in digitization, AI-driven underwriting and collections, with 77% digital collections and over 4.5 lakh new app sign-ups. Corporate governance remains robust with the reappointment of directors and appointment of a new secretarial auditor.