Mahindra & Mahindra Financial Services profit and loss

Latest FY26

Total income: ₹21,087cr+13.8% on FY25
Net interest income: ₹9,495cr+16.5% on FY25
Net profit: ₹2,861cr+26.5% on FY25
EPS: ₹20.88+14.0% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Expenses
Revenue from operations						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	19,522	18,428	16,566	14,412	12,030
	0.0	0.0	0.0	0.0	0.0
	192	175	153	115	72.7
	1,092	910	528	184	181
	67.8	37.2	22.0	27.1	25.4
	0.0	0.0	1.9	0.0	0.0
	1,770	1,456	1,192	1,058	391
	22,642	21,005	18,463	15,797	12,700
	68.6	81.4	67.4	173	133
	22,711	21,087	18,530	15,970	12,832
	9,351	8,934	8,415	6,959	5,094
	1,562	1,318	1,045	868	285
	2,216	2,483	2,085	1,956	1,183
	2,612	2,510	2,355	2,261	2,115
	415	386	321	275	226
	1,671	1,568	1,347	1,119	1,112
	17,827	17,198	15,569	13,438	10,016
	10,171	9,495	8,151	7,453	6,935
	7,100	6,372	5,047	4,488	3,999
Profit
	4,884	3,889	2,962	2,532	2,817
	−133	−133	0.0	0.0	−56.1
	4,751	3,756	2,962	2,532	2,760
	1,165	982	821	716	498
	60.1	−17.3	−54.9	−71.0	234
	1,225	965	766	645	733
	78.1	69.6	65.2	56.1	43.3
	3,604	2,861	2,261	1,943	2,071
	3,526	2,791	2,196	1,887	2,028
	151	158	109	63.7	−34.7
	3,755	3,019	2,370	2,007	2,036
	3,598	2,855	2,262	1,933	2,072
	6.7	6.6	−1.0	10.4	−1.2
Per share
	₹25.88	₹20.88	₹18.32	₹15.66	₹16.81
	₹25.88	₹20.86	₹18.31	₹15.66	₹16.79
Other comprehensive income — detail
	151	158	109	63.7	−34.7
	−10.9	−0.2	76.7	−9.0	−17.9
	−2.6	−0.0	19.3	—	—
	—	—	—	−2.2	−4.5
	186	178	60.2	87.7	−45.8
	26.6	20.0	8.9	—	—
	—	—	—	17.3	−24.4
	3,749	3,011	2,369	1,993	2,039
	6.2	8.0	0.4	13.8	−2.3
Per share — as-filed variants
	₹25.88	₹20.88	₹18.32	₹15.66	₹16.81
	₹25.88	₹20.86	₹18.31	₹15.66	₹16.79
Adjusted (ex-exceptional items) — derived
	4,884	3,889	2,962	2,532	2,817
	−133	−133	0.0	0.0	−56.1
	3,703	2,960	2,261	1,943	2,112
	₹26.59	₹21.60	₹18.32	₹15.66	₹17.14

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

M&MFIN₹264.80

Mahindra & Mahindra Financial Services Ltd.

· Banking & Finance

Annual Quarterly₹ CrorePeersCHOLAFIN SHRIRAMFIN LTF MOTILALOFS IREDA TATAINVEST ICICIAMC HUDCOMcap ₹36,795 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Revenue from Operations
+ Interest Income	12,029.5	14,412.3	16,566.4	18,428.1	19,521.6
+ Dividend Income	0.0	0.0	0.0	0.0	0.0
+ Rental Income	72.7	115.5	153.5	174.9	191.5
+ Fees & Commission Income	180.6	184.3	527.9	909.5	1,091.6
+ Net Gain on Fair Value Changes	25.4	27.1	22.0	37.2	67.8
+ Net Gain on Derecognition — Amortised Cost	0.0	0.0	1.9	0.0	0.0
+ Sale of Services	391.4	1,057.7	1,191.5	1,455.7	1,769.6
Revenue from Operations	12,699.5	15,796.9	18,463.1	21,005.4	22,642.1
Other Income	132.9	173.5	67.4	81.4	68.6
Total Income	12,832.4	15,970.3	18,530.5	21,086.7	22,710.8
Expenses
+ Finance Costs	5,094.3	6,959.2	8,415.4	8,933.6	9,351.0
+ Fees & Commission Expense	285.3	867.8	1,045.2	1,317.6	1,561.9
+ Impairment on Financial Instruments	1,182.6	1,955.8	2,085.4	2,482.9	2,215.6
+ Employee Benefit Expense	2,115.3	2,261.4	2,354.9	2,509.6	2,612.2
+ Depreciation & Amortisation	226.0	274.9	321.2	386.1	414.7
+ Other Expenses	1,112.5	1,119.2	1,346.6	1,567.8	1,671.4
Total Expenses	10,015.9	13,438.3	15,568.8	17,197.5	17,826.7
Net Interest Income	6,935.2	7,453.1	8,151.0	9,494.6	10,170.7
Pre-provision Operating Profit (derived)	3,999.1	4,487.8	5,047.0	6,372.1	7,099.6
Profit
PBT before Exceptional Items	2,816.5	2,532.1	2,961.7	3,889.2	4,884.0
+ Exceptional Items	-56.1	0.0	0.0	-133.0	-133.0
Pretax Income	2,760.4	2,532.1	2,961.7	3,756.3	4,751.1
+ Current Tax	498.2	716.1	820.9	982.1	1,164.8
+ Deferred Tax	234.4	-71.0	-54.9	-17.3	60.1
Tax Expense	732.6	645.1	766.0	964.8	1,224.9
+ Share of Associates & JVs	43.3	56.1	65.2	69.6	78.1
Net Income	2,071.2	1,943.1	2,260.9	2,861.1	3,604.3
+ Net Income — Continuing Ops	2,027.9	1,886.9	2,195.6	2,791.5	3,526.2
+ Other Comprehensive Income	-34.7	63.7	108.6	158.3	150.9
Total Comprehensive Income	2,036.5	2,006.7	2,369.5	3,019.4	3,755.2
Net Income to Common	2,072.4	1,932.7	2,261.9	2,854.5	3,597.6
Minority Interest	-1.2	10.4	-1.0	6.6	6.7
Per Share
Basic EPS	16.81	15.66	18.32	20.88	25.88
Diluted EPS	16.79	15.66	18.31	20.86	25.88
Other Comprehensive Income — detail
+ Other Comprehensive Income	-34.7	63.7	108.6	158.3	150.9
+ Items NOT to be Reclassified to P&L	-17.9	-9.0	76.7	-0.2	-10.9
+ Tax on Items NOT to be Reclassified	—	—	19.3	-0.0	-2.6
+ Tax on Items NOT to be Reclassified — alt tag	-4.5	-2.2	—	—	—
+ Items to be Reclassified to P&L	-45.8	87.7	60.2	178.5	185.8
+ Tax on Items to be Reclassified	—	—	8.9	20.0	26.6
+ Tax on Items to be Reclassified — alt tag	-24.4	17.3	—	—	—
Comprehensive Income — Owners of Parent	2,038.8	1,993.0	2,369.1	3,011.4	3,749.0
Comprehensive Income — Non-controlling Interests	-2.3	13.8	0.4	8.0	6.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	16.81	15.66	18.32	20.88	25.88
Diluted EPS — Continuing Operations	16.79	15.66	18.31	20.86	25.88
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	2,816.5	2,532.1	2,961.7	3,889.2	4,884.0
− Exceptional Items (reconciliation)	-56.1	0.0	0.0	-133.0	-133.0
Net Income Adj (tax-effected)	2,112.4	1,943.1	2,260.9	2,959.9	3,703.0
EPS Adj	17.14	15.66	18.32	21.60	26.59
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00
Filed Debt Equity	4.00	5.00	5.53	4.82	5.44
Paid Up Equity Capital	246.7	246.9	247.0	277.9	277.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.