Mahindra & Mahindra Financial Services Ltd's Q1FY26 Quarterly Results

Result Summary

• Mahindra & Mahindra Financial Services Ltd reported a 15.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 15.1%.
• Its expenses for the quarter were up by 17.9% QoQ and 15.1% YoY.
• The net profit decreased 21.1% QoQ and increased 6.4% YoY.
• The earnings per share (EPS) of Mahindra & Mahindra Financial Services Ltd stood at 4.1 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mahindra & Mahindra Financial Services Ltd (MMFSL) is a prominent player in the financial services sector, primarily operating in India. The company is a part of the Mahindra Group and specializes in providing a wide range of financial solutions, including vehicle and tractor financing, SME loans, and insurance products. MMFSL plays a significant role in the rural and semi-urban financial markets, catering to the needs of customers who are often underserved by traditional banking institutions. The company has a strong presence across the country with a robust network that supports its diverse product offerings. Recent developments are not specified in the provided data.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Mahindra & Mahindra Financial Services Ltd reported a total income of ₹5013.44 crores. This reflects a quarter-over-quarter increase of 15.7% compared to the previous quarter (Q4FY25), where the total income was ₹4332.94 crores. Additionally, there was a year-over-year increase of 15.1% from ₹4354.93 crores in Q1FY25. This growth in total income suggests a positive trajectory in the revenue generation capability of the company over both the quarter and the year.

Profitability

The profit before tax (PBT) for Mahindra & Mahindra Financial Services Ltd in Q1FY26 was ₹683.43 crores, which represents a decrease of 22.4% from the preceding quarter (Q4FY25), where the PBT was ₹880.29 crores. However, when compared to the same quarter in the previous year (Q1FY25), there was an increase of 6.4%, up from ₹642.40 crores. The profit after tax (PAT) for Q1FY26 stood at ₹528.96 crores, down by 21.1% from ₹670.64 crores in Q4FY25, yet marking a 6.4% increase from ₹497.01 crores in Q1FY25. The earnings per share (EPS) for Q1FY26 was ₹4.10, which is a decline of 24.1% from Q4FY25's ₹5.40, but a slight increase of 2.5% compared to ₹4.00 in Q1FY25.

Operating Metrics

Total expenses for Mahindra & Mahindra Financial Services Ltd in Q1FY26 amounted to ₹3634.90 crores, showing a quarter-over-quarter increase of 17.9% from ₹3083.01 crores in Q4FY25. On a year-over-year basis, there was a 15.1% increase from ₹3157.98 crores in Q1FY25. The tax expense in Q1FY26 was ₹174.62 crores, reflecting a 22.4% decrease from the previous quarter (Q4FY25) and a 6.2% increase from the same quarter last year (Q1FY25). These figures indicate changes in the cost structure and tax strategies of the company over the observed periods.