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2 days agoRural lending momentum drives 45% profit surge for Mahindra Finance in Q2
Mahindra & Mahindra Financial Services achieved consolidated net profit of ₹566 crore for the September quarter, up 45 percent year-on-year, propelled by expanding rural lending and stable funding costs. Net interest income advanced 12 percent to ₹1,812 crore, supported by strong vehicle and farm-equipment financing. The lender’s asset quality improved with gross NPAs down to 4.4 percent from 5.9 percent a year earlier. Executives highlighted tighter credit filters, diversified portfolios, and technology-led originations as key enablers of sustained profitability through FY26.
positive
2 days agoRural lending momentum drives 45% profit surge for Mahindra Finance in Q2
Mahindra & Mahindra Financial Services achieved consolidated net profit of ₹566 crore for the September quarter, up 45 percent year-on-year, propelled by expanding rural lending and stable funding costs. Net interest income advanced 12 percent to ₹1,812 crore, supported by strong vehicle and farm-equipment financing. The lender’s asset quality improved with gross NPAs down to 4.4 percent from 5.9 percent a year earlier. Executives highlighted tighter credit filters, diversified portfolios, and technology-led originations as key enablers of sustained profitability through FY26.
positive
Rural lending momentum drives 45% profit surge for Mahindra Finance in Q2
2 days ago
1 min read
81 words
Mahindra Finance delivered ₹566 crore in Q2 profit, a 45 percent jump led by strong rural disbursements and improved asset quality amid steady funding conditions.
Mahindra & Mahindra Financial Services achieved consolidated net profit of ₹566 crore for the September quarter, up 45 percent year-on-year, propelled by expanding rural lending and stable funding costs. Net interest income advanced 12 percent to ₹1,812 crore, supported by strong vehicle and farm-equipment financing. The lender’s asset quality improved with gross NPAs down to 4.4 percent from 5.9 percent a year earlier. Executives highlighted tighter credit filters, diversified portfolios, and technology-led originations as key enablers of sustained profitability through FY26.
Mahindra & Mahindra Financial Services achieved consolidated net profit of ₹566 crore for the September quarter, up 45 percent year-on-year, propelled by expanding rural lending and stable funding costs. Net interest income advanced 12 percent to ₹1,812 crore, supported by strong vehicle and farm-equipment financing. The lender’s asset quality improved with gross NPAs down to 4.4 percent from 5.9 percent a year earlier. Executives highlighted tighter credit filters, diversified portfolios, and technology-led originations as key enablers of sustained profitability through FY26.
Companies:
Mahindra & Mahindra Financial Services
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Oct 28, 2025 • 16:39 IST