Results - Announcements
Mahindra & Mahindra Financial Services Ltd share price declined by 2.42% to Rs 304.25 after the company's net profit slipped by 1.81% to Rs 910.73 crore, while revenue from operations slightly gained 3.81% to Rs 5935.66 crore in Q3FY26 over Q2FY26.
The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 18.81 lakh crore, rising 7.84%. It has eased by 3.86% over last one week and fell by 11.52% in last one month while the market capitalization of Mahindra & Mahindra Financial Services Ltd has slipped by 6.86% and 19.68% in the same period respectively.
Profit before tax (PBT) of Mahindra & Mahindra Financial Services Ltd stood at Rs 1223.34 crore in Q3 FY26, expanding by 61.24% year-on-year, and declining 1.52% quarter-on-quarter. EBITDA came in at Rs 1258 crore, surging by 59.09% YoY and slipping 3.63% sequentially.
Total expenses inched up 5.68% to Rs 4760.55 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 666.45 crore, seeing a marginal contraction of 0.96% YoY.
For the TTM ended FY26, revenue from operations advanced 13.77% to Rs 21005.37 crore, while net profit saw a strong growth of 26.55% to Rs 2861.11 crore, compared to previous TTM. EBITDA soared by 321204% to Rs 4112.57 crore, and PBT soared 26.40% to Rs 3825.9 crore compared to previous TTM.
Mahindra & Mahindra Financial Services Ltd ticked higher by 2.54% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 12.46% during the same period.