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

Q2 FY27 results · Jul–Sep 2026

Mahindra & Mahindra Financial Services reported revenue from operations of ₹5,935.66 crore (up 18.1% from Q2 FY26) and net profit of ₹910.73 crore (up 60.9% from Q2 FY26) for Q2 FY27 (Jul–Sep 2026), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY27	Q2 FY26	YoY	Q1 FY27	QoQ
Revenue from operations	5,935.66	5,026.19	+18.1%	5,717.91	+3.8%
Other income	26.44	23.26	+13.7%	6.90	+283.2%
Total income	5,962.10	5,049.45	+18.1%	5,724.81	+4.1%
Profit before share of associates & JVs and tax	1,201.55	743.30	+61.7%	1,220.00	−1.5%
Share of profit/(loss) of associates & JVs	21.79	15.43		22.22
Net profit for the period	910.73	566.07	+60.9%	927.48	−1.8%
Attributable to shareholders of the company	909.43	564.48	+61.1%	926.03	−1.8%
EPS, basic (₹)	6.54	4.06	+61.1%	6.66	−1.8%
Net margin (%)	15.3	11.3		16.2

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	Q2 FY27	Q2 FY26	YoY	Q1 FY27	QoQ
Revenue from operations	5,163.51	4,472.67	+15.4%	4,972.12	+3.8%
Other income	11.28	16.57	−31.9%	1.83	+516.4%
Total income	5,174.79	4,489.24	+15.3%	4,973.95	+4.0%
Profit before tax	1,161.88	747.53	+55.4%	1,186.22	−2.1%
Net profit for the period	881.52	569.31	+54.8%	898.65	−1.9%
EPS, basic (₹)	6.34	4.10	not comparable	6.47	not comparable
Net margin (%)	17.1	12.7		18.1

Consolidated

Filed with BSE: 21 Oct 2026, 22:39 IST
Board meeting: 21 Oct 2026
Period: 01 Jul 2026 to 30 Sep 2026
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 21 Oct 2026, 22:39 IST
Board meeting: 21 Oct 2026
Period: 01 Jul 2026 to 30 Sep 2026
Review status: Unaudited
Source: XBRL filing on BSE