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Mahindra & Mahindra Financial Services Q1 FY27 results (Apr–Jun 2026) and concall

Financial Services · Concall AI · Call held 21 Jul 2026

Mahindra & Mahindra Financial Services Limited reported a strong Q1 FY27, with standalone profitability up 70% Y-o-Y and consolidated PAT growing 75% to INR 927 crores. This performance was driven by robust 20% growth in the core wheels business and an impressive 79% growth in non-wheels segments. Asset quality significantly improved, with GS3 and GS2+GS3 reaching 8-year lows of 3.45% and 8.3% respectively, contributing to a healthy ROA of 2.4%. The company continues to invest in digital transformation and AI, which is yielding benefits in acquisition costs, operations, and collections, though

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What they filed

Q1 FY27: revenue up 14.6%, net profit up 75.2% against the same quarter last year.

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue4,797 4,886 4,991 5,026 5,450 +14%5,539 +13%5,718 +15%
Net profit918 456 529 566 826 −10%940 +106%927 +75%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.