Mahindra Finance Q3FY25 results: Net profit increases 63% to Rs 899 cr

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Mahindra Finance Q3FY25 results: Net profit increases 63% to Rs 899 cr - Business Standard

Quick Summary:

Mahindra & Mahindra Financial Services on Tuesday reported a 63 per cent year-on-year increase in standalone profit after tax to Rs 899 crore in the third quarter of the current fiscal.

Mahindra Finance's total income was Rs 4,144 crore during the December 2024 quarter, up 19 per cent year-on-year, according to a statement.

The company said it leveraged the buoyancy of the festive season demand in Q3 with disbursements of Rs 16,467 crore reflecting a year-on-year growth of 7 per cent.