Mahindra & Mahindra Financial Services Limited — Results, 21-07-2026: Financial Results Updates

The company announced its board has approved the financial results for the quarter ended June 30, 2026. Standalone net profit significantly increased to 898.65 Cr from 529.50 Cr year-on-year, with total revenue at 4,972.12 Cr. Consolidated net profit rose to 927.48 Cr from 528.96 Cr, and total revenue reached 5,717.91 Cr. The board also gave in-principle approval to evaluate a potential merger by absorption of its 98.43% owned subsidiary, Mahindra Rural Housing Finance Limited. The company continues to hold strong provisions for expected credit loss, which exceeded total provision required under applicable norms.