M&M Financial Services Q4 PAT down, FY25 earnings up
Mahindra & Mahindra Financial Services (M&MFIN) reported its Q4 FY25 results, with profit after tax declining by 9% while the full-year PAT increased by 33%. Disbursements saw mild growth of 2% for the quarter and 3% for the year. The company's book grew by 17%, closing at INR119,673 crores. Asset quality remains within targeted ranges, with GS3 at 3.7% and GS3 plus GS2 at 9.1%. End losses decreased year-over-year, reaching INR1,559 crores. NIMs compressed due to increased cost of funds and marginal yield reductions. The SME business experienced a 48% disbursement growth. The company plans a calibrated approach to diversify non-wheels business and improve ROA. Management expects benefits from corporate agency license, lower cost of funds, and pricing efficiencies moving forward and is focusing on maintaining their risk mix.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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