Mumbai : Mahindra Finance, a trusted financial solutions provider for Bharat, announced the unaudited financial results for the quarter ended June 30, 2026. The company reported a standalone Profit After Tax (PAT) of ₹899 crore, up 70% YoY, while Total Income increased 12% YoY to ₹4,974 crore. Assets Under Management (AUM) grew 13% YoY to ₹1,37,449 crore, supported by record first quarter disbursements of ₹15,564 crore, up 22% YoY. On a consolidated basis, Total Income rose 14% YoY to ₹5,725 crore, while PAT increased 75% YoY to ₹927 crore.
The company continued to deliver profitable and disciplined growth, with Net Interest Margin (NIM) expanding to 7.3%, credit cost improving to 1.5%, and Return on Assets (RoA) strengthening to 2.4%. Asset quality remained healthy with Stage 3 assets improving to 3.5% from 3.8% a year ago, while digital and AI capabilities continued to strengthen customer acquisition, operational resilience, and collection efficiencies. Mahindra Finance also witnessed strong momentum in its non-vehicle finance business, with disbursements growing 79% YoY, excluding MHRFL.
Commenting on the results, Raul Rebello, MD & CEO, Mahindra
Finance, said, "Our
performance this quarter underscores the strength of our franchise, with
continued expansion in profitability, resilient asset quality, and progress in
our pivot towards growth agendas. Our focused investments in our core vehicle
franchise, new growth engines, and technology are supporting Profitable &
Disciplined Growth."