Mahindra Finance reports marginal fall in overall disbursement in Q2FY25

04 Oct 2024 Evaluate

Mahindra & Mahindra Financial Services (Mahindra Finance) has reported 1% fall in overall disbursement to around Rs 13,160 crore in Q2FY25. For H1 FY25, the total disbursement was around Rs 25,900 crore, a growth of 2% on Year-on-Year (Y-O-Y) basis. Business Assets at around Rs 1,12,600 crore grew by around 20% over September 2023.

The Collection Efficiency (CE) was at 96% for Q2FY25 (In Q2FY24, CE was 96%). As at September 30, 2024, Stage-3 is estimated at about 3.8% (vs. 4.3% as at September 30, 2023) and Stage-2 is estimated at around 6.4% (vs. 5.7% as at September 30, 2023). The Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over Rs 8,500 crore.

Mahindra Finance is one of India’s leading non-banking finance companies.

Mah & Mah Finl. Serv Share Price

278.00 -8.20 (-2.87%)
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