MAS Financial Services quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Total income	592	482	+22.7%
Net interest income	253	174	+45.4%
Net profit	115	91.4	+25.9%
EPS	₹6.24	₹4.98	+25.3%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
Revenue from operations													Earlier quartersEvery year the company has filed comes with Alpha Plus.
	505	485	450	412	398	389	372	351	325	311	291	284
	19.5	19.5	20.5	32.1	28.4	30.4	24.1	21.5	18.9	19.3	17.0	18.3
	1.2	2.3	−0.6	1.4	−1.2	2.1	0.1	0.4	1.4	1.7	2.6	3.4
	63.5	56.0	—	—	—	—	—	—	—	—	—	—
	589	562	542	507	480	466	438	410	384	364	346	340
	2.4	−0.5	2.9	1.1	2.1	0.8	1.5	0.7	1.3	0.8	1.4	2.2
	592	562	545	508	482	467	439	410	386	365	347	342
	252	236	235	231	224	217	202	195	185	181	171	172
	46.5	44.0	37.1	31.9	31.1	25.9	21.7	18.5	16.1	11.3	11.9	15.3
	64.0	62.0	58.6	40.5	37.7	43.0	43.8	33.4	26.6	24.5	21.6	25.7
	44.0	42.5	45.9	45.4	40.2	39.1	36.5	33.9	32.9	30.9	30.0	26.2
	2.3	2.2	2.0	1.8	1.8	1.7	1.5	1.5	1.4	1.3	1.2	1.2
	28.4	27.3	28.0	25.3	24.9	24.1	21.8	20.5	19.5	19.0	17.9	14.5
	438	414	406	376	359	351	327	302	282	268	254	255
	253	249	216	181	174	172	170	156	140	130	120	112
	218	210	198	172	161	159	156	141	130	122	115	113
Profit
	154	148	139	132	123	116	112	108	104	97.2	93.7	86.9
	0.0	0.0	0.0	−4.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	154	148	139	127	123	116	112	108	104	97.2	93.7	86.9
	44.6	39.8	38.5	35.8	30.9	31.7	31.0	28.2	25.0	23.5	21.1	21.8
	−5.5	−2.3	−3.9	−2.1	0.6	−2.4	−2.3	−0.6	1.1	1.1	2.5	0.8
	39.1	37.5	34.7	33.8	31.5	29.3	28.7	27.6	26.2	24.6	23.6	22.5
	115	110	104	93.3	91.4	86.6	83.4	80.4	77.6	72.6	70.1	64.4
	115	110	104	93.3	91.4	86.6	83.4	80.4	77.6	72.6	70.1	64.4
	−7.1	1.4	0.3	−21.6	25.1	−8.3	3.1	11.2	−1.9	2.7	8.3	−0.6
	108	112	105	71.8	117	78.3	86.6	91.6	75.8	75.3	78.4	63.9
	113	108	103	92.2	90.3	85.6	82.5	—	76.7	71.7	69.4	63.6
	1.8	1.7	1.4	1.1	1.1	1.0	0.9	0.0	0.9	0.8	0.7	0.8
Per share
	₹6.24	₹5.98	₹5.69	₹5.08	₹4.98	₹4.82	₹4.55	₹3.88	₹4.73	₹4.32	₹4.23	₹11.64
	₹6.24	₹5.98	₹5.69	₹5.08	₹4.98	₹4.82	₹4.55	₹3.88	₹4.73	₹4.32	₹4.23	₹11.64
Other comprehensive income — detail
	−7.1	1.4	0.3	−21.6	25.1	−8.3	3.1	11.2	−1.9	2.7	8.3	−0.6
	0.1	−0.1	0.2	−0.3	0.1	−0.2	0.5	−0.4	−0.7	−0.1	—	−0.1
	0.0	−0.0	0.0	−0.1	0.0	−0.1	0.1	—	—	—	—	—
	—	—	—	—	—	—	—	−0.1	−0.2	−0.0	—	−0.0
	−9.6	1.9	0.2	−28.5	33.5	−10.9	3.7	15.4	−1.8	3.8	—	−0.6
	−2.4	0.5	0.0	−7.1	8.4	−2.7	0.9	—	—	—	—	—
	—	—	—	—	—	—	—	3.9	−0.5	1.0	—	−0.2
	106	110	102	70.7	116	77.7	85.6	—	74.0	74.1	78.0	63.0
	1.7	1.8	2.8	1.0	0.5	0.6	1.0	—	1.8	1.2	0.5	0.8
Per share — as-filed variants
	₹6.24	₹5.98	₹5.69	₹5.08	₹4.98	₹4.82	₹4.55	₹3.88	₹4.73	₹4.32	₹4.23	₹11.64
	₹6.24	₹5.98	₹5.69	₹5.08	₹4.98	₹4.82	₹4.55	₹3.88	₹4.73	₹4.32	₹4.23	₹11.64
Adjusted (ex-exceptional items) — derived
	154	148	139	132	123	116	112	108	104	97.2	93.7	86.9
	0.0	0.0	0.0	−4.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	115	110	104	96.9	91.4	86.6	83.4	80.4	77.6	72.6	70.1	64.4
	₹6.24	₹5.98	₹5.69	₹5.27	₹4.98	₹4.82	₹4.55	₹3.88	₹4.73	₹4.32	₹4.23	₹11.64

Open the chart

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

alphave

MASFIN₹252.50

MAS Financial Services Limited

· Banking & Finance

Annual Quarterly₹ CrorePeersNORTHARC PAISALO AYE SGFIN INDOSTAR MUFIN ARMANFIN PFSMcap ₹4,582 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations
+ Interest Income	284.4	291.3	311.4	325.1	350.8	372.0	388.8	397.8	411.9	450.2	484.7	505.2
+ Fees & Commission Income	18.3	17.0	19.3	18.9	21.5	24.1	30.4	28.4	32.1	20.5	19.5	19.5
+ Net Gain on Fair Value Changes	3.4	2.6	1.7	1.4	0.4	0.1	2.1	-1.2	1.4	-0.6	2.3	1.2
+ Other Operating Revenue	—	—	—	—	—	—	—	—	—	—	56.0	63.5
Revenue from Operations	340.0	345.8	364.3	384.3	409.7	437.6	466.0	480.2	506.8	542.5	562.5	589.4
Other Income	2.2	1.4	0.8	1.3	0.7	1.5	0.8	2.1	1.1	2.9	-0.5	2.4
Total Income	342.2	347.2	365.1	385.5	410.4	439.1	466.7	482.3	507.8	545.4	561.9	591.8
Expenses
+ Finance Costs	172.4	170.9	181.0	185.4	194.7	201.7	217.1	223.8	231.1	234.7	236.1	252.3
+ Fees & Commission Expense	15.3	11.9	11.3	16.1	18.5	21.7	25.9	31.1	31.9	37.1	44.0	46.5
+ Impairment on Financial Instruments	25.7	21.6	24.5	26.6	33.4	43.8	43.0	37.7	40.5	58.6	62.0	64.0
+ Employee Benefit Expense	26.2	30.0	30.9	32.9	33.9	36.5	39.1	40.2	45.4	45.9	42.5	44.0
+ Depreciation & Amortisation	1.2	1.2	1.3	1.4	1.5	1.5	1.7	1.8	1.8	2.0	2.2	2.3
+ Other Expenses	14.5	17.9	19.0	19.5	20.5	21.8	24.1	24.9	25.3	28.0	27.3	28.4
Total Expenses	255.2	253.5	268.0	281.7	302.4	327.0	350.8	359.5	375.9	406.3	414.3	437.6
Net Interest Income	112.0	120.4	130.3	139.7	156.1	170.3	171.7	174.0	180.8	215.5	248.5	252.9
Pre-provision Operating Profit (derived)	112.7	115.3	121.7	130.4	141.4	155.9	158.9	160.6	172.4	197.7	209.7	218.3
Profit
PBT before Exceptional Items	86.9	93.7	97.2	103.8	108.0	112.1	115.9	122.9	131.9	139.1	147.7	154.2
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-4.8	0.0	0.0	0.0
Pretax Income	86.9	93.7	97.2	103.8	108.0	112.1	115.9	122.9	127.1	139.1	147.7	154.2
+ Current Tax	21.8	21.1	23.5	25.0	28.2	31.0	31.7	30.9	35.8	38.5	39.8	44.6
+ Deferred Tax	0.8	2.5	1.1	1.1	-0.6	-2.3	-2.4	0.6	-2.1	-3.9	-2.3	-5.5
Tax Expense	22.5	23.6	24.6	26.2	27.6	28.7	29.3	31.5	33.8	34.7	37.5	39.1
Net Income	64.4	70.1	72.6	77.6	80.4	83.4	86.6	91.4	93.3	104.5	110.2	115.1
+ Net Income — Continuing Ops	64.4	70.1	72.6	77.6	80.4	83.4	86.6	91.4	93.3	104.5	110.2	115.1
+ Other Comprehensive Income	-0.6	8.3	2.7	-1.9	11.2	3.1	-8.3	25.1	-21.6	0.3	1.4	-7.1
Total Comprehensive Income	63.9	78.4	75.3	75.8	91.6	86.6	78.3	116.6	71.8	104.8	111.5	108.0
Net Income to Common	63.6	69.4	71.7	76.7	—	82.5	85.6	90.3	92.2	103.1	108.5	113.3
Minority Interest	0.8	0.7	0.8	0.9	0.0	0.9	1.0	1.1	1.1	1.4	1.7	1.8
Per Share
Basic EPS	11.64	4.23	4.32	4.73	3.88	4.55	4.82	4.98	5.08	5.69	5.98	6.24
Diluted EPS	11.64	4.23	4.32	4.73	3.88	4.55	4.82	4.98	5.08	5.69	5.98	6.24
Other Comprehensive Income — detail
+ Other Comprehensive Income	-0.6	8.3	2.7	-1.9	11.2	3.1	-8.3	25.1	-21.6	0.3	1.4	-7.1
+ Items NOT to be Reclassified to P&L	-0.1	—	-0.1	-0.7	-0.4	0.5	-0.2	0.1	-0.3	0.2	-0.1	0.1
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.1	-0.1	0.0	-0.1	0.0	-0.0	0.0
+ Tax on Items NOT to be Reclassified — alt tag	-0.0	—	-0.0	-0.2	-0.1	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-0.6	—	3.8	-1.8	15.4	3.7	-10.9	33.5	-28.5	0.2	1.9	-9.6
+ Tax on Items to be Reclassified	—	—	—	—	—	0.9	-2.7	8.4	-7.1	0.0	0.5	-2.4
+ Tax on Items to be Reclassified — alt tag	-0.2	—	1.0	-0.5	3.9	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	63.0	78.0	74.1	74.0	—	85.6	77.7	116.0	70.7	102.0	109.7	106.3
Comprehensive Income — Non-controlling Interests	0.8	0.5	1.2	1.8	—	1.0	0.6	0.5	1.0	2.8	1.8	1.7
Per Share — as-filed variants
Basic EPS — Continuing Operations	11.64	4.23	4.32	4.73	3.88	4.55	4.82	4.98	5.08	5.69	5.98	6.24
Diluted EPS — Continuing Operations	11.64	4.23	4.32	4.73	3.88	4.55	4.82	4.98	5.08	5.69	5.98	6.24
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	86.9	93.7	97.2	103.8	108.0	112.1	115.9	122.9	131.9	139.1	147.7	154.2
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-4.8	0.0	0.0	0.0
Net Income Adj (tax-effected)	64.4	70.1	72.6	77.6	80.4	83.4	86.6	91.4	96.9	104.5	110.2	115.1
EPS Adj	11.64	4.23	4.32	4.73	3.88	4.55	4.82	4.98	5.27	5.69	5.98	6.24
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	54.7	164.0	181.5	181.5	181.5	181.5	181.5	181.5	181.5	181.5	181.5	181.5

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.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

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%.

MAS Financial Services Q2 FY27 results (July–September 2026)

Filed with NSE on Wednesday, 28 October 2026 at 3:24 pm IST

MAS Financial Services (NSE: MASFIN) reported its Q2 FY27 results (July–September 2026) on Wednesday, 28 October 2026 at 3:24 pm IST. Consolidated net profit attributable to shareholders was ₹113 crore, up 25.4% from ₹90.3 crore in Q2 FY26 and up 4.4% from ₹108 crore in Q1 FY27. Revenue from operations was ₹589 crore, up 22.7% year on year and up 4.8% from the previous quarter.

Q2 FY26 results (a year earlier): 5 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹113 Cr+25.4% vs Q2 FY26+4.4% vs Q1 FY27Total incl. minority interest ₹115 Cr
Revenue from operations: ₹589 Cr+22.7% vs Q2 FY26+4.8% vs Q1 FY27
Earnings per share (basic): ₹6.24+25.3% vs Q2 FY26+4.3% vs Q1 FY27
Net profit margin: 19.2%+0.4 pts vs Q2 FY26−0.1 pts vs Q1 FY27

Questions

What was MAS Financial Services' net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹113 crore, up 25.4% from ₹90.3 crore in Q2 FY26 and up 4.4% from ₹108 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹115 crore.

How were MAS Financial Services' Q2 FY27 results?

Both grew from a year earlier: net profit was up 25.4% at ₹113 crore and revenue was up 22.7% at ₹589 crore. Against Q1 FY27, net profit was up 4.4% and revenue up 4.8%.

What was MAS Financial Services' revenue in FY26?

Revenue from operations was ₹1,995 crore in FY26 (April 2025–March 2026), up 25.0% from ₹1,596 crore in FY25. It was ₹1,279 crore in FY24 and ₹988 crore in FY23: up 102.0% over three years, 26.4% a year on average.

What was MAS Financial Services' revenue in Q2 FY27?

Revenue from operations was ₹589 crore, up 22.7% year on year and up 4.8% from the previous quarter.

What was MAS Financial Services' EPS in Q2 FY27?

Basic earnings per share were ₹6.24, against ₹4.98 in Q2 FY26.

When did MAS Financial Services announce its Q2 FY27 results?

On Wednesday, 28 October 2026 at 3:24 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 5 November 2025.

What was MAS Financial Services' net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹222 crore, up 26.1% from ₹176 crore in the same months a year earlier. Revenue from operations was ₹1,152 crore, up 21.7%.

What is MAS Financial Services' net profit margin?

MAS Financial Services' net profit margin was 19.2% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 18.8% in Q2 FY26 (up 0.4 percentage points). For FY26 as a whole it was 18.6%.

What was MAS Financial Services' net profit in FY26?

Consolidated net profit attributable to shareholders was ₹371 crore in FY26 (April 2025–March 2026), up 19.6% from ₹310 crore in FY25. It was ₹251 crore in FY24 and ₹203 crore in FY23: up 82.6% over three years, 22.2% a year on average.

How has MAS Financial Services' profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹92.2 crore in Q3 FY26, ₹103 crore in Q4 FY26, ₹108 crore in Q1 FY27 and ₹113 crore in Q2 FY27. That is ₹417 crore over the four quarters, up 23.1% from ₹339 crore in the four quarters before. Revenue from operations: ₹507 crore, ₹542 crore, ₹562 crore and ₹589 crore.

When will MAS Financial Services announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these MAS Financial Services figures come from?

From MAS Financial Services' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 28 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.