Mahindra & Mahindra Financial Services' Q1 FY 2026-27 Quarterly Results

Result Summary

• Mahindra & Mahindra Financial Services Ltd reported a 3.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 14.2%.
• Its expenses for the quarter were up by 4.4% QoQ and 8.3% YoY.
• The net profit decreased 1.4% QoQ and increased 75.3% YoY.
• The earnings per share (EPS) of Mahindra & Mahindra Financial Services Ltd stood at 6.66 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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, a prominent player in the financial services sector, primarily offers a wide range of financial products including vehicle loans, home loans, personal loans, and mutual fund distribution services. The company operates under the umbrella of the Mahindra Group, which is known for its diverse business interests ranging from automotive manufacturing to information technology. Mahindra Finance, as it is commonly known, plays a significant role in rural and semi-urban financing in India, focusing on providing financial solutions to underserved markets. As of the latest information up to October 2023, any recent major developments regarding the company are not available.

## Revenue
In the first quarter of the fiscal year 2027 (Q1FY27), Mahindra & Mahindra Financial Services Ltd reported a total income of ₹5724.81 crores. This reflects a quarter-over-quarter (QoQ) increase of 3.0% from the previous quarter (Q4FY26), where the total income was ₹5559.52 crores. On a year-over-year (YoY) basis, the total income has grown by 14.2%, up from ₹5013.44 crores in Q1FY26. These figures demonstrate a consistent increase in revenue over both the quarterly and annual periods, indicating continued business operations and market presence.

## Profitability
The company recorded a profit before tax of ₹1220.00 crores in Q1FY27, showing a slight decrease of 1.9% QoQ compared to ₹1243.00 crores in Q4FY26. However, on a YoY basis, there is a substantial increase of 78.5% from ₹683.43 crores in Q1FY26. Tax expenses for Q1FY27 amounted to ₹314.74 crores, slightly lower by 1.2% QoQ from ₹318.59 crores in Q4FY26, but up 80.2% YoY from ₹174.62 crores in Q1FY26. The profit after tax was ₹927.48 crores, reflecting a 1.4% QoQ decline from ₹940.48 crores in the preceding quarter, yet a significant 75.3% increase YoY from ₹528.96 crores in the same quarter of the previous year. Earnings per share for Q1FY27 were ₹6.66, marking a 1.3% decline from the previous quarter but a 64.0% increase from the prior year.

## Operating Metrics
The financial data reveals a steady increase in total expenses, which were reported at ₹3937.49 crores for Q1FY27, representing a 4.4% rise from ₹3773.22 crores in Q4FY26 and an 8.3% increase from ₹3634.90 crores in Q1FY26. The ratio of profit before tax to total income for Q1FY27 is approximately 21.3%, showing a slight decrease from 22.4% in Q4FY26, yet a significant improvement from 13.6% in Q1FY26. The effective tax rate for Q1FY27 is approximately 25.8%, marginally lower compared to the previous quarter but slightly higher than the same quarter last year. These operating metrics provide a comprehensive view of the company’s financial operations, showcasing stability in revenue generation and cost management.