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Mahindra & Mahindra Financial Services Ltd Q1FY25; 37% rise in Profits

Mahindra & Mahindra Financial Services Limited (MMFSL), a part of the Mahindra Group,is a NBFC primarily engaged in the business of financing purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment and SME Financing.

Financial Results:

Mahindra & Mahindra Financial Services Ltd reported Revenues for Q1FY25 of ₹4,316.00 Crores up from ₹3,583.00 Crore year on year, a rise of 20.46%.

Total Expenses for Q1FY25 of ₹3,712.00 Crores up from ₹3,167.00 Crores year on year, a rise of 17.21%.

Consolidated Net Profit of ₹497.00 Crores up 37.29% from ₹362.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.03, up 38.97% from ₹2.90 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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