Mahindra & Mahindra Financial Services · NSE: M&MFIN · BSE: 532720

Q1 FY25 results · Apr–Jun 2024

Mahindra & Mahindra Financial Services reported revenue from operations of ₹4,315.52 crore (up 20.4% from Q1 FY24) and net profit of ₹497.01 crore (up 37.2% from Q1 FY24) for Q1 FY25 (Apr–Jun 2024), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY25	Q1 FY24	YoY	Q4 FY24	QoQ
Revenue from operations	4,315.52	3,583.20	+20.4%	4,280.32	+0.8%
Other income	39.41	53.71	−26.6%	52.62	−25.1%
Total income	4,354.93	3,636.91	+19.7%	4,332.94	+0.5%
Profit before share of associates & JVs and tax	642.40	469.03	+37.0%	880.29	−27.0%
Share of profit/(loss) of associates & JVs	19.07	13.77		15.44
Net profit for the period	497.01	362.22	+37.2%	670.64	−25.9%
Attributable to shareholders of the company	497.66	358.69	+38.7%	670.35	−25.8%
EPS, basic (₹)	4.03	2.91	+38.7%	5.43	−25.8%
Net margin (%)	11.5	10.1		15.7

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY25	Q1 FY24	YoY	Q4 FY24	QoQ
Revenue from operations	3,722.21	3,084.56	+20.7%	3,654.01	+1.9%
Other income	37.94	40.85	−7.1%	52.09	−27.2%
Total income	3,760.15	3,125.41	+20.3%	3,706.10	+1.5%
Profit before tax	686.38	473.54	+44.9%	831.54	−17.5%
Net profit for the period	512.96	352.66	+45.5%	618.99	−17.1%
EPS, basic (₹)	4.16	2.86	+45.4%	5.01	−17.1%
Net margin (%)	13.8	11.4		16.9

Consolidated

Filed with BSE: 24 Jul 2024, 13:31 IST
Board meeting: 23 Jul 2024
Period: 01 Apr 2024 to 30 Jun 2024
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 24 Jul 2024, 13:31 IST
Board meeting: 23 Jul 2024
Period: 01 Apr 2024 to 30 Jun 2024
Review status: Unaudited
Source: XBRL filing on BSE