M&M Finance Q1 results: Net profit jumps 45% to Rs 513 crore

The stock of the company gyrated after the announcement of the Budget by Union finance minister Nirmala Sitharaman on July 23. At 14:41 pm, the shares were trading at Rs 294.2, up 0.62 percent on NSE.

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26 Aug, 2025 12:21

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Mahindra & Mahindra Financial Services on July 23 posted 45.45 percent jump in net profit at Rs 512.96 crore in the first quarter of FY25 as compared to Rs 352.66 crore in the same period a year ago.

In the March quarter, the company posted net profit of Rs 618.99 crore.

The firm's revenue from operations jumped 19 percent to Rs 3,612.18 crore against Rs 3,034.89 crore, it said in a stock exchange filing. In the March quarter, the revenue stood at Rs 3,547.11 crore.

At 14:41 pm on July 23, the company's shares were trading at Rs 294.2 apiece, up 0.62 percent on NSE.

The company also appointed Bijoy Thaplial as chief business
officer for leasing, partnerships and payments, forming
part of senior management personnel of the firm, according to the statement. His appointment will be effective from August 1.

Meanwhile, the non-banking financial company posted assets under management (AUM) worth Rs 1.06 lakh crore against Rs 86,732 crore, growing 23 percent year-on-year. The net interest margin came in at 6.6 percent compared to 6.8 percent in the year-ago period.

The firm's total income was at Rs 3,760 crore compared to Rs 3,125 crore, posting a YoY growth of 20 percent.

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