Quarterly Result28 Jan 2026, 06:05 pm
Mahindra & Mahindra Financial Services Ltd Reports Q3FY26 Financial Results: Loan Book Grew by 12% YoY, Profit After Tax Remained Resilient
AI Summary
The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance / MMFSL) announced the unaudited financial results for the quarter ended December 31, 2025 (Q3 FY26). The Company’s loan book grew by 12% YoY and disbursements grew 7% YoY. MMFSL Profit After Tax (PAT) remained resilient despite the absorption of labour code impact for the quarter ended December 31, 2025. NIM expanded YoY during the quarter supported by higher Fee Income and lower Cost of Funds. MMFSL’s Asset quality remained within the guided range, with GS3 at 3.80% and GS2+GS3 at 9.20%. The credit cost for quarter ended December 31, 2025, was at 1.3%.
Key Highlights
- Loan book grew by 12% YoY and disbursements grew 7% YoY
- Profit After Tax (PAT) remained resilient despite the absorption of labour code impact
- NIM expanded YoY during the quarter supported by higher Fee Income and lower Cost of Funds
- Asset quality remained within the guided range, with GS3 at 3.80% and GS2+GS3 at 9.20%
- Credit cost for quarter ended December 31, 2025, was at 1.3%