Business assets stood at Rs 1,21,800 crore as of 30 June 2025, reflecting a 15% YoY growth. The collection efficiency improved to 95% in Q1 FY26, up from 94% in the same period last year.

As of June 30, 2025, Stage-3 assets were in the range of 3.8% to 3.9%, compared to 3.7% in the previous quarter and 3.6% in the corresponding quarter last year. Stage-2 assets were in the range of 5.8% to 5.9%, compared to 5.4% quarter-on-quarter and 6.1% year-on-year.

The company continued to enjoy a comfortable liquidity position on its balance sheet, with a liquidity chest of over Rs 9,600 crore,' Mahindra Finance said in a statement.

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

The company's consolidated net profit declined 9.02% to Rs 563.14 crore on a 14.54% increase in total income to Rs 4,245.09 crore in Q4 FY25 over Q4 FY24.

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