Mahindra Finance, part of the Mahindra group, reported a 55% year-on-year growth in profit after tax (PAT) for the quarter ended March 2026, driven largely by margin expansion and steady asset quality. PAT for FY 26 rose to Rs 2,782 crore from Rs 2,345 crore a year earlier, a growth of 19%. Disbursements grew 11% to Rs 17,184 crore, while assets under management (AUM) increased 12% to Rs 71.34 lakh crore, supported by higher margins and operating leverage.
Raul Rebello, MD & CEO, Mahindra Finance, said, “ This year’s progress across growth, margins and risk was driven by disciplined execution and resulted in a tangible step-up in profitability. Continued investments in our core vehicle franchise, new growth categories, and technology
will support sustainable growth and profitability”.
Net interest margins expanded by about 101 basis points to 7.5%, reflecting improved yields. Asset quality remained within guidance, with gross stage 3 assets at 3.4% and stage 2 and 3 assets at 8.2%. 6. The board has proposed a final dividend of Rs. 7.50 per fully paid equity share (375% of the face value of Rs. 2/- each) vs Rs 6.50 per share in the last fiscal year.