Mahindra Finance Q1 FY27 Results: Net Profit Jumps 70% To ₹899 Crore

Mahindra Finance reported a strong improvement in its standalone financial performance for the June quarter. Revenue from operations rose 13% year-on-year to ₹4,972 crore, while net interest income (NII) increased 22% to ₹2,764 crore.

Total income increased 21% to ₹2,766 crore mainly due to increased lending activity. Pre-provisioning profits rose 30% to ₹1,756 crore. Provisions and write-offs dropped 14% to ₹570 crore.

As a result, profit before tax jumped 71% to ₹1,186 crore, and net profit surged 70% to ₹899 crore.

How Did Mahindra Finance Perform In Q1 FY27

The lender continued to expand its loan portfolio while maintaining healthy asset quality. The standalone loan book grew 13% year-on-year to ₹1.33 lakh crore. Gross Stage-3 assets improved to 3.5% from 3.8% a year earlier, while the Net Stage-3 ratio declined to 1.5% from 1.9%, indicating better credit quality.

In addition, it got back on track for cost-to-income, which fell to 36.5% from 40.8%. Profitability, too, was higher. Return on assets (ROA) went up from 1.6% to 2.4%, while return on equity (RONW) reached 14.3% as opposed to 9.8%.

How Did The Market React?

Mahindra Finance Q1 FY27 results drew a favourable response from the market participants. On 22 July 2026, at 1:15 PM, Mahindra & Mahindra Financial Services' share price jumped almost 15.86% to reach ₹373.7 on the National Stock Exchange (NSE).

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