Mahindra & Mahindra Financial Services' Q3 FY 2025-26 Quarterly Results
- 29 Jan 2026
Result Summary
- Mahindra & Mahindra Financial Services Ltd reported a 8.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.9%.
- Its expenses for the quarter were up by 6.5% QoQ and 8.1% YoY.
- The net profit increased 45.8% QoQ and decreased 10.0% YoY.
- The earnings per share (EPS) of Mahindra & Mahindra Financial Services Ltd stood at 5.93 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 5464.32 | 5049.45 | 4799.45 | 8.2% | 13.9% |
Total Expenses | 3768.39 | 3538.16 | 3486.42 | 6.5% | 8.1% |
Profit Before Tax | 1086.53 | 743.30 | 1217.10 | 46.2% | -10.7% |
Tax | 278.92 | 192.66 | 315.37 | 44.8% | -11.6% |
Profit After Tax | 825.60 | 566.07 | 917.64 | 45.8% | -10.0% |
Earnings Per Share | 5.93 | 4.06 | 7.42 | 46.1% | -20.1% |
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 in India. The company is a leading non-banking finance company (NBFC) that primarily focuses on providing a range of financial products and services, including vehicle and tractor financing, SME financing, personal loans, and insurance broking. As a part of the Mahindra Group, one of India's largest conglomerates, MMFSL benefits from the extensive network and brand reputation of its parent company. The financial services offered are primarily aimed at rural and semi-urban markets, supporting the economic activities in these regions. As of the last update, no major developments have been explicitly noted, but the company continues to expand its reach and customer base, adapting to the dynamic financial landscape in India.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Mahindra & Mahindra Financial Services Ltd reported a total income of ₹5464.32 crores. This figure represents an 8.2% increase from the previous quarter (Q2FY26), where the total income was ₹5049.45 crores. Compared to the same quarter in the previous fiscal year (Q3FY25), the total income has increased by 13.9% from ₹4799.45 crores. This upward trend in revenue indicates a consistent growth trajectory for the company over both the quarter-on-quarter and year-on-year periods.
Profitability
The company's profit before tax for Q3FY26 was ₹1086.53 crores, marking a significant quarter-on-quarter increase of 46.2% from ₹743.30 crores in Q2FY26. However, when compared to Q3FY25, there was a decrease of 10.7% from ₹1217.10 crores. The tax expense for Q3FY26 amounted to ₹278.92 crores, which is a 44.8% increase from the previous quarter's tax of ₹192.66 crores, and an 11.6% decrease from the tax figure of ₹315.37 crores in Q3FY25. The profit after tax was ₹825.60 crores, which is a 45.8% increase from the ₹566.07 crores reported in Q2FY26, but a 10.0% decline compared to the ₹917.64 crores in Q3FY25.
Operating Metrics
The earnings per share (EPS) for Q3FY26 was ₹5.93, reflecting a 46.1% increase from the previous quarter's EPS of ₹4.06. However, this was a 20.1% decrease from the EPS of ₹7.42 in Q3FY25. The total expenses for Q3FY26 were ₹3768.39 crores, which increased by 6.5% from the previous quarter's expenses of ₹3538.16 crores, and by 8.1% from the expenses of ₹3486.42 crores in Q3FY25. These figures suggest a careful analysis of the company's cost management strategies and their impact on profitability and operational efficiency.