The Board has proposed a final dividend of Rs. 6.50 per fully paid equity share of face value of Rs 2/- each i.e. 325% Vs Rs 6.30 per share in the last fiscal year.
FinTech BizNews Service
Mumbai, April 22, 2025: The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services in Emerging India, at its meeting held today, announced the unaudited financial results for the quarter and year ended March 31, 2025. The Board has proposed a final dividend of Rs. 6.50 per fully paid equity share of face value of Rs 2/- each i.e. 325% Vs Rs 6.30 per share in the last fiscal year.
Standalone:
Key Highlights:
MMFSL reported a 33% year-on-year growth in Profit After Tax (PAT) for FY25. The company’s loan book grew by 17% and annual disbursements grew at 3% with underlying wheels business seeing a moderate FY25. MMFSL’s Asset quality remained within a comfortable range, with GS3 at 3.7% and GS2+GS3 at 9.1%. The credit cost for FY25 was at 1.3% underscoring prudent risk management.
· Asset quality: GS2+GS3 @ 9.1%. Stage-3 @ 3.7%.
· Capital Adequacy healthy at 18.3%, Tier-1 Capital @15.2%. Provision coverage on Stage 3 loans prudent at 51.2 %. Total liquidity buffer comfortable at ~ Rs10,400 crores.
